Boots & Sabers

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Owen

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1633, 28 Mar 17

Wisconsin Could Save $60 Million By Self-Insuring

Do it.

The proposal that is currently subject to contract negotiations revises the plan structure to provide a more limited number of plan administrators over larger regions of the state than the current structure of multiple insurance coverage plans. The board estimates that providing coverage on a self-insured basis and utilizing vendors to administer the plans will save $60 million in GPR over the 2017-19 Biennium from reduced administrative fees, reduced insurer risk fees, and improved discounts. The board also estimates that an additional $30 million per year could potentially be saved in fees under the ACA.

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1633, 28 March 2017

2 Comments

  1. kjanz1899

    Not only ahould we do this but rhe coverage should also include all public school systems.

  2. kjanz1899

    Not only ahould we do this but the coverage should also include all public school systems.

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