Wellmark Blue Cross Blue Shield is unsure whether it will participate in the Iowa health insurance exchange, Chairman John Forsyth told the Des Moines Register. Wellmark, the state's largest insurer,
The Iowa Insurance Department won't allow Wellmark Blue Cross and Blue Shield to increase its premium rates by 11 percent as it proposed, but has approved an 8.5 percent increase instead.
The general consensus during a public hearing regarding Wellmark's proposed 11 percent premium rate increase for individual policies is that it's too high. Two actuaries said the rate increase is