Friday, February 11, 2011

Wisconsin Insurance Commissioner Turns Away 637K Federal Health Reform Grant

On January 5, 2011 Governor Scott Walker appointed Ted Nickel as Wisconsin Commissioner Of Insurance and Dan Schwartzer as Deputy Commissioner. On Thursday Feb 10, 2011 the Office of The Wisconsin Commissioner of Insurance announced a discontinuation of a 637, 114 grant authorized for issue through the federal health reform law.

This is federal grant money to be utilized in the State Of Wisconsin by local organizations to facilitate process structure that insures consumers insurance options and easy access to appeal denials of care. This money would help establish a foundation for the coming Health Insurance Exchanges.

Health insurance exchanges will be a new place to shop for health insurance. Health insurance exchanges facilitate retail competition in to the marketplace. Currently most health policies available are more expensive than comparable health policies offerred to large businesses. Exchanges allow individual's and small businesses to accompany buying groups resulting in better prices and more variety in health insurance options.

The Federal Government will provide states with start up money for establishing Health Insurance Exchanges . If the state does not have an operational Health Insurance Exchange by 2014 the federal government will step in and open an Exchange.

OCIIO The Office Of Consumer Information And Insurance Oversight is the federal authority for the state exchanges and qualifed health plans.

The State of Wisconsin appears to be acting on the assumption that Health Care Reform is repealed. Home Care Path www.homecarepath.com encourages seniors to continue to follow this legislation as it unfolds.

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