Health insurance research on North Dakota marketplace shows near monopoly

North Dakota Health Insurance

A new study has found that the small market may increase premiums and shrink benefits. The American Medical Association has released the results of a study on the health insurance marketplace in North Dakota, which has revealed that the environment in the state is nearly a monopoly. It indicated that the small number of insurers were boosting premiums and decreasing benefits. The primary health insurance company in the state is Blue Cross Blue Shield. The study has made it clear that it is not claiming that any of the insurers…

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Health care reforms in North Dakota will not include a state run marketplace

North Dakota health care reforms

The governor has announced that the insurance exchange will be handed over to federal officials. According to a spokesperson for Governor Jack Dalrymple, of North Dakota, the state does not intend to take on the central element of the health care reforms, the online insurance exchange, for themselves, but will instead have the federal government run it for them. The Affordable Care Act requires that all states have one of these online marketplaces by 2014. The federal health care reforms include an element that says that every state must run…

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