Comment on Iowa insurance company to repay $1.3 million to local governments

Iowa insurance company to repay $1.3 million to local governments

A Burlington-based insurance company has agreed to pay back $1.3 million to 33 local government entities in Iowa to settle claims it added on charges for health insurance.The Iowa Insurance Division had claimed that from January 2005 to May 2014, Two Rivers Insurance Co. tacked on additional costs to members of the Iowa Governmental Health Care Plan by adding its fees on top of premiums charged by Wellmark Blue Cross and Blue Shield.

 

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