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Iowa proposes to use federal money to provide backup funding for insurers and overhaul ACA subsidies for consumers. (Photo: Getty)

(Bloomberg) — Facing what it called a “collapse” of its Obamacare market next year, Iowa is asking the Trump administration to let it reallocate millions of dollars and create a stopgap program that would provide health insurance options for 72,000 Iowans covered by the Affordable Care Act.

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