Overwhelming Worries: Health Insurance Affordability Alarming Wisconsinites

It’s no surprise that many Wisconsinites are concerned about the affordability of their health insurance.

According to a new survey, an overwhelming majority of Wisconsinites believe healthcare isn’t affordable.

The Wisconsin Policy Forum conducted the survey. It revealed that a whopping 84% of people in the state believe healthcare and health insurance are too expensive. The remainder of the respondents shows as split evenly. It split between those who thought health insurance was “just right” and those who thought it was “too cheap.”

Health insurance affordability has long been a concern in Wisconsin. For many years, the state has had some of the highest insurance premiums in the country. In addition, Wisconsinites pay some of the highest deductibles, copays, and out-of-pocket costs. This makes it difficult for those who are uninsured or underinsured to get the care they need.

The survey also found that concerns about healthcare coverage affordability had risen dramatically in the last year. In 2020, only 47% of respondents said they worried about health insurance affordability. Compare this to the 84% who responded in 2021.

This is a troubling trend, and it’s one that shows no signs of slowing down. With healthcare coverage costs continuing to rise, it seems that Wisconsinites will be living with this worry for some time to come.

Fortunately, there are options available to help make health insurance more affordable.

For example, the federal government offers subsidies to help offset the cost of insurance premiums. Additionally, Wisconsinites can apply for Medicaid if they earn too little to pay for coverage.

By taking advantage of these programs, Wisconsinites can get the insurance they need without breaking the bank. This is an important step in ensuring everyone in the state can access quality coverage.

It’s clear that health insurance affordability is a major concern for Wisconsinites. We should not be take this lightly. With the right resources and support, we can make sure everyone in the state has access to the coverage they need.

Do you live in Wisconsin and do you worry about your health insurance affordability? Speak with a Healthedly agent to learn more about what you qualify for. Call 855-522-2201 to get advice from a licensed agent today!