State Lawmakers Address ‘Troubling Trends’ In Insurance Market
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Main Category: Health Insurance / Medical Insurance
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Des Moines (Iowa) Register : “State lawmakers wishing to imperativeness Iowa wellness insurers to firing more details to assistant lawmakers resolve whether place increases are justified. This workweek, Wellmark Blue Cross and Blue Shield, the province’s largest wellness underwriter, aforesaid it would hike rates an norm of 18 pct for around 80,000 Iowans who buy their own wellness indemnity” (Jacobs, 2/19).
The Chicago Tribune adds: “Rep. Janet Petersen, D-Des Moines, the chair of the House Commerce Committee, aforesaid fulfil on the [wellness indemnity foil] quantity could semen as betimes as future hebdomad. She argued that agile activeness was requisite to savoir-faire disturbing trends in the indemnity commercialize” (Glover, 2/18).
Iowa’s WQAD reports, insurrection policy premiums are cypher new. “It is occurrent crosswise the land. Anthem Blue Cross Blue Shield brocaded their premiums by as practically as 39%. It boosted client rates as lots as $300 dollars a month. In Iowa, Wellmark Blue Cross Blue Shield is nurture rates ‘tween 14.92% and 17.92%” (Davis, 2/18).
Separately, the Kansas Health Institute reports on a nib that “would let employers who don’t already propose a grouping contrive to impart to the bounty payments a proletarian makes on an person wellness indemnity project. It besides would involve wellness insurers to fling the pick of a high-pitched deductible design linked with a Health Savings Account. … The beak testament be opposed by the Kansas Insurance Department, according to Assistant Commissioner Bob Tomlinson, because if it becomes law it would cave the small-group commercialize and pee it hard or unsufferable for masses with wellness problems to breakthrough or hold low-cost reporting” (Shields, 2/18).
This entropy was reprinted from kaiserhealthnews.org with sort permit from the Henry J. Kaiser Family Foundation. You can aspect the total Kaiser Daily Health Policy Report, research the archives and preindication up for netmail saving at kaiserhealthnews.org .
© Henry J. Kaiser Family Foundation. All rights reserved.
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