Aspirus Arise Health Plan of Wisconsin (Aspirus Arise) achieved a major milestone April 13 when it was granted a Certificate of Authority from the Wisconsin Office of the Commissioner of Insurance (OCI). This means the Wausau-based health plan, formally unveiled in January, can offer consumers in north-central Wisconsin new health insurance options.
“Individuals, families, and businesses will have new, affordable, high-quality health insurance options next year,” said Brett Davis, Aspirus Arise President and CEO. “We are focused on enhancing the value of health care services in north-central Wisconsin. Aspirus Arise is pioneering a model of cooperation that focuses on well-being at all stages of life,” he said.
“The Certificate of Authority is the culmination of an extensive review process by OCI,” Davis said. As a new insurance company, Aspirus Arise had to file documentation relating to the corporate structure, financial statements, and the proposed business plan.
Aspirus Arise is equally owned by Aspirus, a non-profit health system based in Wausau, and WPS Health Solutions, based in Madison. Leaders from both organizations provide governance for Aspirus Arise.
Aspirus has more than 7,000 employees, four hospitals in Wisconsin, four in Michigan, 50 clinics, home health and hospice care, pharmacies, critical care and helicopter transport, medical goods, nursing homes, and high-quality Aspirus Network doctors and medical specialists.
WPS Health Solutions already had a close working relationship with Aspirus through its subsidiary, Arise Health Plan, and WPS Health Insurance. For 2016, Arise Health Plan continues to offer Aspirus Arise individual and small-group health plans.
Aspirus Arise will continue to work with the Wisconsin Office of the Commissioner of Insurance and the Centers for Medicare & Medicaid Services as it begins selling individual Marketplace, small-group, large-group, and self-funded plans in 16 counties in north-central Wisconsin with 2017 effective dates.