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…
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Iowa’s stopgap health insurance plan is illegal, say critics
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…
Read MoreIowa public universities owe millions to insurance company
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…
Read MoreInsurance news in Iowa reveals struggles as state takes over co-op
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…
Read MoreConsumers may require guidance when it comes to health insurance exchanges
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…
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