By Mike Nichols
June 23, 2022 - WEA Trust, the teachers’ union-created insurance company that once had a lock on hundreds of school districts in Wisconsin, just announced it is terminating its health insurance business by the end of this year.
Quite oddly, a spokesperson insisted in a story in a Madison newspaper that Act 10 had nothing to do with the decision.
No one with a memory or a calculator – or access to reports written by the Wisconsin Office of the Commissioner of Insurance over the years – believes that.
Act 10 killed the teacher’s insurance plan. But there are a few other subplots going on here, and an interesting story about how the plan lasted as long as it did.
Read more.
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