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ObamaCare Sends Premiums Soaring In The Hawkeye State

- May 12, 2016

In Iowa, Obamacare Provisions Cause Another Double Digit Premium Hike For 2017

In 2017, Wellmark Blue Cross Blue Shield Plans To Raise Premiums 38 Percent To 43 Percent. "Wellmark Blue Cross & Blue Shield is sending letters this week telling about 30,000 customers it plans to raise their premiums by 38 percent to 43 percent next year." (Tony Leys, "Wellmark Plans 38% To 43% Increases For Some Customers," Des Moines Register, 5/12/16)

Wellmark Makes Up 75 Percent Of The Individual Marketplace In Iowa. "Wellmark sells about three-quarters of individual policies in Iowa's health-insurance market. The steep increases will affect people who bought relatively new plans that comply with rules of the Affordable Care Act." (Tony Leys, "Wellmark Plans 38% To 43% Increases For Some Customers," Des Moines Register, 5/12/16)

Wellmark Spent $1.27 On Health Care For Every $1 It Received In Premiums Last Year. "Wellmark Executive Vice President Laura Jackson said poor health and rising medical costs forced the company to seek state permission to raise premiums so aggressively on the plans in question. She said the company spent $1.27 on health care last year for every dollar in premiums it took in for those customers. The company says it lost $99 million on those customers in the past two years." (Tony Leys, "Wellmark Plans 38% To 43% Increases For Some Customers," Des Moines Register, 5/12/16)

On Top Of Rising Premiums, United Health Announced It Will No Longer Offer Plans On The Iowa Obamacare Marketplace, Starting In 2017. "UnitedHealth's exits from the state Obamacare markets threatens to limit the number of options for consumers when they shop for coverage for next year. In addition to Kentucky, Iowa's insurance regulator said Monday that the company is quitting the state's individual market and small-business exchange for 2017. In both states, UnitedHealth will continue to offer small-business plans

Iowa Lt. Governor Patty Judge, Who Is Running For US Senate, Supports ObamaCare

Lieutenant Governor Patty Judge: We Shouldn't Even Think About Repealing ObamaCare. LIEUTENANT GOVERNOR PATTY JUDGE: "We certainly shouldn't be thinking for a minute that we would get rid of the Affordable Care Act." (Patty Judge, Interview With The Des Moines Register , 5/11/16)

Clinton Continues To Brag About Her Role In Creating ObamaCare

Clinton: "Before It Was Called ObamaCare, It Was Called HillaryCare, As You Remember." CLINTON: "Before it was called ObamaCare, it was called HillaryCare, as you remember. I fought really hard. The insurance companies and the drug companies spent millions against me." (Hillary Clinton, CNN Democratic Presidential Town Hall, 3/4/16)

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