Live Insurance News

Iowa employers to pay more for health insurance rate increases, but won’t stop

September 11, 2018September 7, 2018 Logan B.

Health insurance rate increases - cost of health insurance - pills - money

Companies may be paying a great deal more, but they are still offering these benefits to their workers. Iowa employers who offer medical coverage as a part of their employee benefits will be facing far higher health insurance rate increases. That said, those companies are not dropping the benefit and are continuing to cover their teams of workers. The average Iowan employer will see health insurance benefits premiums rising by 8.4 percent. This figure was compiled by a survey conducted by consultant David P. Lind. They found that employers with…

Iowa’s stopgap health insurance plan is illegal, say critics

September 21, 2017September 20, 2017 Logan B.

Opponents to the state commissioner’s plan say it would excessively burden moderate income Iowans. Iowa has been considering a stopgap health insurance proposal to help the state to prop up its shaky coverage market. However, critics are saying that this strategy would violate federal law. The reason is that they claim it would force moderate income Iowans to have to spend far more for coverage. In fact, opponents say those state residents could be forced to pay thousands more every year if the stopgap health insurance strategy was to move…

Iowa public universities owe millions to insurance company

March 22, 2016March 20, 2016 Julie Campbell

college student health insurance accident

The post secondary institutions have refused to pay for a health plan subsidy program but they still owe the money. Public universities in Iowa have been standing their ground and refusing to pay an insurance company millions of dollars in fees which would cover a program meant to provide residents with medical risks with a subsidy for their health plans. The universities had been billed for the fees but until now have refused to fork over the money for it. That said, the Iowa Supreme Court recently ruled that the…

Insurance news in Iowa reveals struggles as state takes over co-op

December 29, 2014December 27, 2014 G. Turner

CoOportunity Health was established under the Affordable Care Act, but it has found itself in financial calamity. A young health insurer in Iowa, CoOportunity Health, which was established under the Affordable Care Act, is now making insurance news as it has been taken over by the state due to considerable financial struggles. The health insurance division of the state has now had to step in as a result of the co-op’s money woes. The insurance news had originally appeared promising for CoOportunity Health, as it had been established as an…

Consumers may require guidance when it comes to health insurance exchanges

October 24, 2013October 21, 2013 Nordstrom

Confusion remains a prevalent problem when it comes to health insurance exchanges The University of Iowa’s Public Policy Center and College of Health have released the results of survey concerning the state’s health insurance exchange. The state’s exchange has become quite popular among consumers looking to find affordable health insurance policies, but the exchange’s website has fallen victim to numerous technical problems that have prevented many from finding the coverage they are interested in. According to the survey, technical problems are only one issue that consumers are facing. Survey shows…

Iowa may have lowest health insurance rates in the US

September 26, 2013September 23, 2013 Nordstrom

State releases data concerning health insurance exchange The Iowa Insurance Division recently released data concerning the state’s health insurance exchange, suggesting that the state may be home to some of the lowest insurance premiums in the country. Iowa already boasts of relatively low premiums when compared to its neighbor states, but insurance regulators believe that the state’s exchange could offer even lower rates to many people. As in other states throughout the country, the Iowa health insurance exchange is set to begin open enrollment on October 1, giving thousands a…

Health insurance plans will be offered by six insurers in Iowa

July 4, 2013July 2, 2013 G. Turner

Half a dozen providers have already applied to be able to offer their plans on the state’s exchange. Although six health insurance companies have already applied to be able to sell their policies on the Iowa exchange, having made their submissions to do so by the deadline last Sunday. However, the largest insurer in the state was not among those who opted to participate in the marketplace. The largest health insurance company in Iowa, Wellmark Blue Cross/Blue Shield, currently has about 2 million policyholders in that state and South Dakota.…