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Iowa’s last statewide exchange insurer seeks 43 percent hike

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.