I'm skeptical about iodine doing much, but it might be an issue. Lots of people run with very low iodine since it is consumed very rapidly and very few people dose.
I'm as skeptical as the next person, and there is no way I can know for sure it was the iodine dosing, but I believe the evidence for my tank does strongly support it. Alkalinity, nitrates, phosphates and calcium levels stayed constant as I saw coral health in some of my SPS decline. I lost a couple frags to RTN and saw some tissue loss on existing pieces. I bought a potassium kit, but those levels were normal. Then the ICP result comes back with basically everything normal but low iodine levels, then I dosed iodine and saw immediate positive effects.
I think a lot of people that never dose anything also do water changes all the time, which I do not. Maybe for iodine it isn't having a low reading at a point-in-time, but a prolonged deficit is a problem. I'm not sure. And if my iodine levels were low now, presumably they've been low for months since I don't do water changes and didn't dose it previously.
Before I started dosing iodine I did search around to see if there was anybody with a similar situation, and I came across a post by BattleCorals on another forum (which I can't link to) where he says the same thing. I'm going to quote it here because I can't link to it:
9.5 times out of 10 id say its a fluke although I've had a few ICP test reveal smoking guns, the most blaring was extremely low iodine a while back. I was seeing odd tissue issues, and mild but random base recession. I corrected it and did see a significant improvement. This was one of those instances where there were more than one or two pieces affected similarly, and I felt I needed to act more aggressively to solve it. Was just around the time triton came to the states. I'd say if you have a clear culprit then obviously that is a time to react, but when the causes are more elusive, I am way less aggressive in my efforts to solve them.