Digging Deeper: Sick of the Cost - KWWL - Eastern Iowa Breaking News, Weather, Closings

Digging Deeper: Sick of the Cost

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WATERLOO (KWWL) -

Making a decision about health care is not like shopping for a snow blower.

If you're lying in a hospital bed, it's tough to be a rational thinker about cost. You just want to get better.

Many Iowans feel powerless about the cost. They don't know what to do and are falling behind as the bills add up.

According to the Kaiser Family Foundation, insurance premiums for family coverage are up 213% since 1999. That far exceeds what wages have done during the same time.

President Obama tried to address that, but most believe, it didn't work because costs keep going up.

President-elect Donald Trump has vowed to repeal or -- at least -- replace much of the Affordable Care Act, or Obamacare.

Thursday night at 10 p.m. on KWWL, Jerry Gallagher will dig deeper into the problem and where we go from here.

Iowa Insurance Commissioner Nick Gerhart says a small group drives the price.

In Iowa, one family's multi-million dollar insurance claims have thousands of others picking up the cost. (22,000 customers are paying more than $800 each to cover it.)

You can read more about that in Commissioner Gerhart's recent testimony before Congress.

Gerhart's office signs off on rate increases from insurers. This year, they approved rate hikes for 4 companies ranging from 19 to 43%.

The biggest increase of 43% affects thousands of customers of Wellmark Blue Cross & Blue Shield.

Read the public comments about the rate increase right here.

You can also see the history of Wellmark's proposed hikes below.

Watch "Sick of the Cost" Thursday night at 10 p.m. on KWWL.

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