The Latest: Walker signs bill to create reinsurance program
MADISON, Wis. (AP) — The Latest on Gov. Scott Walker signing reinsurance bill (all times local):
Scott Walker has signed into law a $200 million measure designed to stabilize the health insurance market under the Affordable Care Act in Wisconsin.
Walker signed the reinsurance bill less than 24 hours after fellow Republican Attorney General Brad Schimel joined with 19 other states in filing a federal lawsuit in Texas. The lawsuit argues that the individual mandate is unconstitutional and that the entire law should be blocked.
Wisconsin Democratic Party chairwoman Martha Laning calls the reinsurance the bill an election-year attempt to disguise how damaging years of fighting the Affordable Care Act have been.
Walker signed the bill before touring hospitals in Tomah and Green Bay. He calls the proposal a “solution to Washington’s failures” that will provide both stability to the health care market and lower premiums.
Gov. Scott Walker plans to sign into law a measure that’s designed to stabilize the health insurance market under the Affordable Care Act in Wisconsin, even as fellow Republican Attorney General Brad Schimel has filed a new lawsuit to block the federal law.
Walker planned to sign a $200 million reinsurance bill into law on Tuesday. On Monday, Schimel joined with 19 other attorneys general in filing a federal lawsuit in Texas arguing that the individual mandate is unconstitutional and the entire law should be blocked.
Walker has been a longtime critic of the law known as Obamacare, and argued for years it should be repealed and replaced. But this year he’s pushed the reinsurance proposal as a way to stabilize the market and lower costs for the roughly 200,000 people in Wisconsin who purchase insurance under the law.