Iowa insurer chief cites ACA challenges and gains in Senate hearing
Iowa Insurance Commissioner Nick Gerhart told a Senate committee that state and federal policymakers must collaborate to fix ACA shortcomings and keep health insurance markets vibrant. He highlighted ACA-driven coverage gains in Iowa, tax credits for plans, and Wellmark’s ACOs saving 35 million, while noting rising premiums and market risks from high-cost claims and a failed cooperative. The testimony referenced 150000 adults in the Iowa Health and Wellness Plan and ongoing rate pressures into 2016 and 2017.
MENTIONED IN THIS ARTICLE
Iowa
Nick Gerhart
U.S. Senate
Gerhart
U.S. Senate Committee On Homeland Security and Governmental Affairs
Wellmark Blue Cross
Blue Shield
Acos
Wellmark
Town
ACA
Aetna
United Healthcare of
Midlands
CoOportunity
United Healthcare
Historic Cedar Rapids corner gets facelift and new tenants
A Cedar Rapids investment group buys the Scafaro Building at 2900 First Ave NE and two adjacent structures at 2912 First Ave NE and 112 29th St NE for interior and exterior renovations including new windows, paint, systems, and a connected parking lot. Tenants include Debra Langguth's Bargains Galore and Mane Love Salon with other spaces leased to Junque Tiquiry and beauty professionals.
MENTIONED IN THIS ARTICLE
First Avenue
29Th Street
Cedar Rapids
Oakland Investment LC
Scott E. Olson
Scott Olson II
Jim Ackley
Scafaro
First Ave
29Th St
Olson
Debra Langguth
Bargains Galore Thrift Shop & More
Terra Keller
Mane Love Salon
Penning
Carroll
Iowa
Sea2 Construction
Sealaro
Diamond V wins near 2 million in tax breaks for Cedar Rapids expansion
The Iowa Economic Development Authority approved 1.996 million in incentives for Diamond V to fund a 28 million expansion of its Cedar Rapids manufacturing complex. A 97,800 square foot facility at 2575 60th Ave SW will add production, storage, fermentation and packaging, creating 16 jobs with a 24.70 wage, and is slated to begin this month with completion by late June 2018 pending approvals.
MENTIONED IN THIS ARTICLE
Iowa Economic Development Authority Board
Cedar Rapids
U.S
Lusson
60Th Ave
Diamond V
Wells Fargo probes expand as House committee summons CEO
The U S House Financial Services Committee launches an inquiry into improper Wells Fargo sales tactics, preparing to call CEO John Stumpf to testify. The probe follows a $185 million settlement with Los Angeles and federal regulators, with DOJ investigations looming and staff dismissals totaling about 5300 since 2011.
MENTIONED IN THIS ARTICLE
U.S. House Financial Services Committee
Wells Fargo & Co
Jeb Hensarling
R-Texas
Wells Fargo
Washington
Senate Banking Committee
John Stumpf
Justice Department
Los Angeles
Mike Feuer
Los Angeles Times
James Strother
Hensarling
Consumer Financial Protection Bureau
Office of the Comptroller of the Currency
Also Mentioned on This Page
Insurance Commissioner
Chelsea Keenan
the Gazette
Cedar Rapids Corner
Cedar Valley
Langguth
Peg
29Th St. NE
George Ford
Thegazette
Adam Wesley Photos
Nutrition Supplement Company
George C. Ford
Thegazette.com
House Committee
Angeles Times
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