Good. The JFC needs to take this proposal seriously.
Wisconsin Gov. Scott Walker is asking members of the Legislature’s Joint Finance Committee to back his proposal to move state employees’ health plans to a self-insurance model.
Walker on Monday said his administration has negotiated self-insurance contracts that would save the state $60 million during the 2017-19 budget period. The contracts, negotiated by the state Group Insurance Board and Division of Personnel Management, were submitted to the Joint Finance Committee for review.
The budget-writing committee has 21 days to review the agreements. If the committee takes no action by June 7, the state may go forward with the contracts, which are set to take effect in 2018.
I’m not sure why both Republican and Democrat legislators are so hell bent on making sure health insurance companies profit off of the taxpayers when the state is more than capable of self-insuring like so many other large public and private organizations do.