HIPIowa-FED, a new health insurance pool in Iowa, that will accept uninsured Iowans who have pre-existing health conditions, is now accepting applications.
The pool offers members a $1000 deductible policy. Premiums for members will range from $177.64 per month to $739.45 per month, depending on the applicant’s age and other variable factors.
As specified in the Patient Protection and Affordable Care Act which created funding for states to establish and operate pools for uninsured residents, certain conditions must be met to qualify for acceptance. An applicant must:
- Be a citizen or national of the United States or lawfully present in the United States
- Have been uninsured for at least six months prior to making application
- Have had a problem getting insurance due to a pre-existing condition.
Persons interested in applying are encouraged to promptly begin the process of acquiring, completing and submitting an application. Applications are available online now at www.iid.state.ia.us and soon will also be posted at www.hipiowa.com.