The Iowa Insurance Division wants to hire a vendor who can find out just why health care and health insurance cost so much.

The division is looking for the vendor because of a new state law that requires the Iowa insurance commissioner to prepare an annual report on “findings regarding health spending costs for health insurance plans in Iowa for the previous fiscal year.”

Interested vendors should tell the Iowa division about the “information that needs to be collected: how such information should be collected, how the information would be analyzed, how findings would be reached, and what the estimated costs of all of these steps might be,” officials say in a request for information.

The Iowa health cost analysis RFI is not part of a formal bidding process, officials say.

But officials say the division will use the answers to the RFI to prepare a formal request for proposals.

RFI answers are due July 13.