Friday, January 7, 2011

Experts say Wellmark Wants Too Much

reports from 2 experts say Wellmark Blue Cross and Blue Shield's request to raise health insurance premiums by 11% is excessive. The company, which insures 75% of Iowans who buy their own policies, raised premiums 18% last spring. The company said it wanted higher rates again last November to keep pace with higher prices and more people using medical care . The Des Moines Register reports Insurance Commissioner Susan Voss' decision isn't expected for a few weeks.

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