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Wellmark Blue Cross Blue Shield Proposes Increase in Premiums

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DES MOINES, Iowa —  About 30,000 Iowans enrolled in the Affordable Care Act might not be able to afford their premiums next year.

Wellmark Blue Cross Blue Shield is proposing up to 43 percent increases in premiums.

The cost hikes will not impact people with Wellmark plans through their employer.

Wellmark says the increases are needed because last year they spent 27 percent more than they collected in premiums.

The state insurance commission will consider the proposed increase in July.