The Group Insurance Board approved an overall 4% health insurance premium increase and 2020 plan changes for the State of Wisconsin Group Health Insurance Program. The rate increases are less than national trends, according to Segal Consulting, the Board’s consulting actuary.
For most employees, this amounts to increases of around $1 to $3 per month for individual coverage and $3 to $8 for family coverage. Variances depend on the plan design selected. For state employees and retirees, this is the first premium increase employees have seen in three years.