2017 Medica Insurance Rate Increase

Medica Insurance has requested an average rate increase of 19.8% become effective as of January 1, 2017.  A public hearing regarding this rate increase will be held in Des Moines, on July 23, 2016, at 10:00 am to hear testimony and receive additional public comment.  Policyholders and members of the public may also participate live simultaneously though video conferencing at the attached locations:  2017 Proposed Rate Hearing Site Locations .

The proposed rate increase application:

93078_URR_Compilation

Rate Hearing Information:

2017 Rate Increase Hearing Agenda

2017 Hearing Transcript

Public Comment Report:

2017 Medica Hearing Public Testimony and Comments Report

Final Decision:

Medica, NovaRest

2017 Medica Insurance Rate Proposal Review Decision

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One Response to “2017 Medica Insurance Rate Increase”

  1. Gail Lawlor Says:

    Dear Consumer Advocate-
    I am writing to comment on the proposed Medica base premium rate increase of 19.8%. This level of increase is unconscionable and will present a hardship to Medica’s customers. I am not receiving a 19.8% pay raise and neither is anyone else that I know of. The Health Insurance Marketplace is supposed to be providing “affordable” health care policies. A 19.8% increase is not affordable.
    Medica’s letter to me states that the Commissioner will review the request to learn if Medica followed accepted industry standards to calculate the proposed increase. What does that even mean? What are accepted industry standards? Do these standards even take into account how these increases will affect the general population?
    I have written comments on these proposed rate increases before, to no avail. The rate increases get approved regardless of public response. However, at least I can tell myself that I took advantage of my opportunity to respond.
    As your arrive at your decision, I urge you to please consider the constituents that Medica is supposed to serve. I understand that the costs of health care increase each year, but the rate of increase should be reasonable, not one that will raise base premiums by almost 20%.
    Thank you.

    Sincerely,
    Gail Lawlor

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