Iowa Senate committee approves one-time tax increase on certain health insurance plans

By: Robin Opsahl

Outlets: Iowa Capital Dispatch

Published: March 12, 2026

Words: 731

Last Updated: 4 months, 3 weeks ago

Body Text Preview

The Iowa Senate Ways and Means Committee advanced a measure Wednesday that would impose a one-time tax increase of $173 million on health maintenance organizations (HMOs) in order to address budget shortfalls in Iowa Medicaid.

Senate File 2464, approved 10-6 by the committee, would increase the taxes on HMOs, a type of Medicaid Advantage plan offered by private companies for health care through a specified network, from the current rate of 0.925% of premiums …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us