One of the last Iowa Obamacare insurers moves to exit

One of the last health insurance companies selling plans through the Obamacare exchanges said Wednesday that it likely would stop selling plans there next year, which would leave 70,000 people without coverage options.

The company, Medica, hinted in a statement that its decision was rooted in uncertainty over whether the federal government would continue to provide Obamacare payments that help insurers reduce out-of-pocket medical costs for consumers, called cost-sharing reduction subsidies.