Tag: wellmark

Aetna health insurance backs out of Iowan individual exchange

Nordstrom
Iowa stopgap health insurance plan

A second large insurer has announced its intention to step out of the state, leaving residents in a lurch. Aetna health insurance has revealed its intentions to withdraw from the Iowa individual marketplace. This raises concerns that residents will not have any coverage options available for 2018. Tens of thousands of Iowans who purchased health plans through the insurance exchange may be out of luck. The Aetna health insurance exchange withdrawal will be effective as of January 2018. The insurance company informed state regulators that it has chosen to cease…

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Insurance agency under investigation for overbilling thousands of policyholders

Julie Campbell
insurance agency overbilling fraud

State officials are now looking into the Iowa business that may have overcharged 10,500 government employees. An insurance agency in Iowa has found itself in hot water after having been accused of overbilling an estimated 10,500 government employees for their health policies. It is believed that the overcharged workers paid a total of millions of dollars too much. The Two Rivers Insurance Co. is now being investigated by the Iowa Insurance Division (I.I.D.). The insurance agency has office locations in West Des Moines, Davenport, Burlington, and a number of other…

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