Posted 8:48 a.m. Thursday, Aug. 17, 2023
ETF and the Group Insurance Board today voted to increase rates in 2024 to offset rising health benefit costs and to maintain reserve funds of the State of Wisconsin Group Health Insurance Program.
The Board also approved health plan service area qualifications and conducted other business.
The overall health insurance premium increase will be 11.8% for state government employees and 14.6% for local government employees. The actual rate increases for individual non-Medicare GHIP members and employers will differ due to contributions by local employers and health plan choice. The Department of Administration, Division of Personnel Management determines both the state government employee contribution to the premium and the employer contribution to the Health Savings Account.