Stats in Your State
If you’ve wanted to compare your health insurance rates the average in Wyoming and neighboring states, you’ve come to the right place. We’ve put together a bunch of different data in graphs and charts to illustrate the various factors and demographics that make the health insurance industry what it is.
Over 60,000 Wyoming citizens hold health insurance policies through Medicaid and the state’s CHIP plan. The enrollment in such programs increased statewide between 2009 and 2010, with over 8,000 children of low-income families benefitting from CHIP coverage and the remainder using Medicaid programs.
Individual Health Insurance Premiums
In 2011, Wyoming workers paid an average of $200 less than other U.S. workers with employer-based health insurance. An economy made up mostly of tourism and agricultural positions make for a relatively low-risk market for insurers, which results in cheaper than average rates for the residents of the Cowboy State.
Family Health Insurance Premiums
Families in Wyoming also pay less for insurance than the U.S. average: roughly $130 less in 2011. As with most health insurance plans, the employer pays most of the premiums, with the employer contributing relatively small portion.
SAHIE Health Insurance Uninsured
The Census Bureau estimates as many as 83,000 Wyoming residents went without health insurance in 2010, with many of them putting their livelihood at risk in the case of an accident. The need for affordable health care in Wyoming is clear, with roughly 14% of the state uninsured.
Rules in Your State
Check through the links below to learn more about the insurance code in Wyoming. The legislature has defined specific claims practice standards for all insurers, as well as unfair and prohibited actions. Readers can browse the insurance code to get a better idea of the rules governing the industry.
Representatives & Resources in Your State
For readers who want to learn more or seek guidance on choosing a good insurance policy, read through the links below and get in touch with the Department of Insurance. Additional resources for assistance and social support programs are available at the following links.
Wyoming KidsCare: Children’s Health Insurance Program (CHIP)
Wyoming’s CHIP plans provide health insurance coverage to children of low-income families across the state of Wyoming, and thousands of families benefit from the coverage options available through Wyoming KidsCare.