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REPORT: Health insurance rates could soar in Iowa

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UNDATED (KELO AM) The only Obamacare health insurer in most Iowa counties wants an average rate increase of over 43 percent for next year.

Medica is one of the last insurers in Iowa on the government health exchange, part of the Affordable Care Act.

The Hill   http://thehill.com/policy/healthcare/338497-only-obamacare-insurer-in-most-iowa-counties-to-hike-premiums-by-435  reports that there were questions about whether Medica would participate next year, after two other carriers decided to pull out of the exchanges.

Health Insurance rates are also expected to steeply rise next year in South Dakota, under the ACA. Only two insurers remain on the exchanges in South Dakota.

 


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