Iowa House OKs tax hike on private health insurance to fund Medicaid

House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall

A bill advancing in the House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state’s Medicaid shortfall.

Iowa House OKs tax hike on private health insurance to fund Medicaid

A temporary tax on insurers to fund Medicaid clears the Iowa House—but critics warn it could raise premiums for families and businesses.

The House narrowly passed a temporary tax increase on health insurers to cover a Medicaid budget shortfall and tapped reserves to offset impacts on state revenues from federal tax cuts.

Iowa House passes bill to raise premium tax on HMOs to fill Medicaid shortfall

The Iowa House passed a bill Thursday retroactively bumping the premium tax rate for health maintenance organizations to make up for a Medicaid budget shortfall — a move Democrats and insurers said would raise health care costs for all Iowans but Republicans argued was needed to draw down federal funding.

Medicaid funding bill clears Iowa House on slim vote, awaits Senate action

In a slim majority, House Republicans advanced the bill to cover this year's roughly $90 million Medicaid deficit.The controversial bill increases the tax on he

Iowa House OKs HMO tax hike to draw millions in federal matching fund

The Iowa House has passed a bill to temporarily raise the premium tax on private companies that offer HMOs to Iowans as well as the three companies that manage Iowa’s Medicaid program. That nine-month-long maneuver would send $124 million in federal matching funds to the State of Iowa to cover a deficit in Medicaid. Representative […]