He noted that Wellmark stopped selling individual health insurance policies in South Dakota last year, when President Barack Obama was still in office.
Iowa Insurance Commissioner Doug Ommen said he is worried that consumers in some Iowa counties won’t have any options if they need to buy individual health insurance policies for next year.
Monday’s announcement won’t affect most of the 1.6 million Iowans who have Wellmark insurance, including policies purchased through an employer.
But it will mean the company won’t sell any new individual policies for 2018, and those who bought such policies since 2014 will lose them.
Wellmark’s decision to stop selling individual policies in Iowa comes after consumers here already lost two other choices for such plans.
Wellmark to halt sales of individual health insurance policies
Aetna to stop selling Iowans individual health insurance plans
Many of Aetna’s individual Iowa customers were originally on plans sold by the carrier Coventry, which Aetna bought in 2013.
Iowa Insurance Commissioner Doug Ommen said he is worried that no carriers will want to offer individual health policies in Iowa for next year.
USA TODAYThe Healthcare.gov website, which sells individual health insurance that is eligible for Obamacare subsidies.
If Medica pulls out, many Iowans could have no options for individual coverage, either on or off the Affordable Care Act’s “exchange” marketplace.
Only one other insurer, the relatively small Minnesota carrier Medica, currently sells individual policies in most Iowa counties.
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