Wow. I wish I had a plan that good. Heck, I could pay quadruple their new annual maximum and still have a savings over my current plan.
You are correct, with the new required employee contributions, modest co-pays and low deductible, the state and other public workers under the state health insurance plan get a great deal compared to what private workers pay if they are lucky enough to work for a company that offers benefits.
Plus, Walker’s reforms broke the strangle hold the teacher’s union health plan had on most school districts in the state. Now, districts can ask for health insurance bids from a variety of health insurers, not just the WEAC Trust. Faced with this the WAEC Trust cut its rates to stay in the running.