Obamacare Sends Iowa Health Insurance Premiums Skyrocketing
10th October 2014
On Wednesday, the Des Moines Register reported that the state’s insurance commissioner has approved Des Moines-based Wellmark to hike its rates between 11.9% and 14.5%.
The premium spike will affect 19,000 Iowans.
“That increase is for individual policyholders who have Affordable Care Act-compliant plans,” reports the Register.
CoOportunity, one of the main companies offering health insurance on the Obamacare exchange, will increase its rates 19%.