Iowa’s Republican Gov. Kimberly Reynolds signed a state law Monday that lets some insurers skirt Obamacare regulations. The law would let the Iowa Farm Bureau and Wellmark Blue Cross Blue Shield sell health plans to the farm bureau’s members that ignore the mandates.
The mandates require insurers to cover essential health benefits such as maternity care or hospitalization and prevents insurers from charging sick people higher prices. Gov. Reynolds said the state’s market is collapsing because of the high cost of Obamacare, with many citizens choosing to go without insurance because the law is pricing them out of the market.