Statewide Iowa — There’s some good news out of Des Moines for area residents who can’t afford their health insurance premiums under ObamaCare.
Iowa Governor Kim Reynolds has signed legislation that supporters say will offer a cheaper option to people who don’t qualify for federal subsidies and cannot afford to buy health insurance.
The Farm Bureau and associations representing groups of Iowa businesses will now be able to market “health benefit arrangements” that are not insurance and that do not comply with federal Affordable Care Act rules. For example, rates will be dramatically reduced if coverage pre-existing conditions like diabetes is not included. Reynolds says Iowa lawmakers “are done waiting” for congress to act at the federal level to fix ObamaCare.
Reynolds held a bill signing event in her statehouse office today (Monday, April 2nd). The health benefit plans authorized by the new state law wouldn’t be sold until 2019.
