Iowa regulators are looking for a consulting services provider that can help it determine why health coverage costs have been going up so rapidly.
The Iowa Insurance Division has structured the request for proposals as an “informal competitive solicitation” for a health spending cost consultant.
The division wants the consultant to help it comply with a new state law requiring the division to give Iowa lawmakers detailed information about health care and health coverage costs, such as quantification of factors that result in higher costs and factors that result in lower costs for each plan sold in the state.
The division wants to put together a health cost report Nov. 1, even though compiling all of the data required by the new law may not be feasible, officials say.
Proposals are due Sept. 10.