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Insuring Iowa's 220,000 uninsured and more than 400,000 underinsured people is going to take radical changes that won't likely be implemented this year, say proponents of a major overhaul in [...]

IOWA INSURANCE REGULATORS ARE JOINING WITH SEVERAL industry trade groups in a pilot project designed to help consumers wade through the complexities of the fixed and index annuities they are [...]

American Mutual Life Insurance Co is reorganizing under Iowa's Mutual Insurance Holding Companies Act of 1995. The law allows mutual insurers to establish holding companies and sell shares of stock subsidiaries. It allows holding companies to acquire domestic mutuals, but requires them to hold majority stakes in these companies. For American, the aim is to find capital sources to better compete in a rapidly consolidating industry., An Iowa enabling statute that allows mutual insurers to form holding companies and sell shares of a stock subsidiary is being viewed as an important development by financial analysts and [...]

The Iowa Senate has passed an insurance reform measure that guarantees affordable health insurance to all eligible individuals. The plan, which has been sent to the Iowa House of Representatives, mandates that any health insurer must offer a basic or standard plan, and keeps premiums under control by requiring the blending of blocks of business so that no block is twice as high as any other. The plan also guarantees portability, and limits pre-existing condition exclusions. An Individual Health Benefit Reinsurance Assn will guarantee a 90% loss ratio., The Iowa Senate has approved and sent to the House legislation to reform the state's individual health insurance market by guaranteeing affordable coverage for all eligible individuals and their dependents. [...]

Illinois, Iowa and Nebraska have put forward an interstate receivership plan. The plan is designed to coordinate and streamline the receivership process for insurers across the three states. The interstate compact requires the establishment of an not-for-profit Interstate Insurance Receivership Commission whose members comprise insurance commissioners from the three participating states. Other Midwest states are leery of the proposal, having no prior experience with the concept.

With the acquisition of McNerney Heintz, Blue Cross and Blue Shield of Iowa says it's ready for health care in the '90s. Blue Cross and Blue Shield of Iowa ventured [...]

A REVOLUTIONARY APPROACH EMPLOYERS seek quality control over health plans Most businesses, when they select a product to purchase, analyze their needs, list their specifications for the product and ask [...]

A WORK IN PROGRESS When Paul von Ebers talks to people about the Iowa Leadership Consortium's plan to reduce healthcare costs, he emphasizes 'it is not a finished piece of [...]