Iowa’s last statewide exchange insurer seeks 43 percent hike
Published 8:48 am Wednesday, June 21, 2017
DES MOINES, Iowa — Iowa’s last health care insurer to sell policies to individuals statewide through the federal Affordable Care Act is seeking a 43.5 percent increase in premium rates for next year.
Minnesota-based Medica says the increase is necessary to remain in Iowa.
Company Vice President Geoff Bartsh said Monday that a number of risks remain with its decision to be the lone statewide provider.