Wisconsin Completes Filing Reviews
Madison, WI—The Wisconsin Office of Commissioner of Insurance has completed its review of rates and forms filed by insurers wishing to participate in the federally facilitated exchange.
In order to be eligible for the federally facilitated exchange, insurers must meet all state standards and file their rates and forms with the state of Wisconsin. Insurers began filing insurance policies with the state in April. Wisconsin reviewed the rate and form filings to ensure the policies are in compliance with all laws and regulations.
"This is only the first step in the process," explained Insurance Commissioner Ted Nickel. "Insurers wishing to participate in the federal exchange will need to complete an additional federal review process and sign a contract to participate on the exchange."
OCI has reviewed filings from 13 insurers who have requested their plans to be certified as a qualified health plan (QHP) in the individual market and 9 insurers who have filed plans to participate in the SHOP exchange. The following is a list of all of the health insurers that have submitted rate and form filings to OCI:
Individual Market Insurance Companies
Common Ground Healthcare Cooperative
Compcare Health Services Insurance Corporation
Dean Health Plan, Inc.
Group Health Cooperative of South Central Wisconsin
Gundersen Health Plan, Inc.
Health Tradition Health Plan
Medica Health Plans of Wisconsin
MercyCare HMO, Inc.
Molina Healthcare of Wisconsin, Inc.
Physicians Plus Insurance Corporation
Security Health Plan of Wisconsin, Inc.
Unity Health Plans Insurance Corp.
Arise (WPS Health Plan, Inc.)
Small Employer Group Market Insurance Companies
Common Ground Healthcare Cooperative
Group Health Cooperative of South Central Wisconsin
Gundersen Health Plan, Inc.
Health Tradition Health Plan
Medica Insurance Company
MercyCare HMO
MercyCare Insurance Company
Security Health Plan of Wisconsin, Inc.
Arise (WPS Health Plan, Inc.)
Created by the Legislature in 1871, Wisconsin's Office of the Commissioner of Insurance (OCI) was vested with broad powers to ensure that the insurance industry responsibly and adequately met the insurance needs of Wisconsin citizens. Today, OCI's mission is to lead the way in informing and protecting the public and responding to its insurance needs.