Monday, October 19, 2009

The Cost of Wisconsin Grows Geometrically

The Jackassery of Legislative Democrats, Part 234,609

A new state law allowing adults up to age 27 to keep medical coverage under their parents’ policies will cost governments, including Milwaukee Public Schools and the state of Wisconsin, millions of dollars annually.

Beginning in January, insurers will be required to permit dependents under 27 who are unmarried and are not eligible for group health insurance to stay on their parents’ health insurance.

Gee. We haven't heard about this until NOW? You mean that Doyle, Sherman, and Erpenbach dont' think they should BRAG about this?

The rate of uninsured 19- to 27-year-olds in Wisconsin is 17 percent, according to U.S. Census estimates. The state fiscal estimate assumes that between 80 and 100 percent of these uninsured individuals will newly enroll in health insurance plans.

As you might imagine, this will substantially increase the insurance-costs for the State Gummint, as well as for counties, municipalities, and school districts.

That is to say--for taxpayers.

Every insurance plan in Wisconsin, other than employers who have self-funded plans, is subject to the new law, Guidry said [about 60% of private employers are self-funded.]

And if you're feeling sorry for MPS teachers, wait until you read the insurance-cost figures for them in the linked article.

HT: FoxPolitics

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