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North Dakota agency calls for health insurance information from providers

November 7, 2013November 5, 2013 Nordstrom

Agency seeks out health insurance information In the U.S., federal law has introduced major changes to the way health insurance works throughout the country. The impact of the law will take time to fully understand, but states are beginning to gather information concerning the effects of the Affordable Care Act. The North Dakota Insurance Department has petitioned all health insurance companies in the state to provide the agency with information regarding the impact of new federal regulations and other reforms that have come to the health insurance sector. Data on…

Health insurance exchange may bring competition to North Dakota

April 23, 2013April 22, 2013 S.Vagus

North Dakota may see more competition in market due to health insurance exchange Many states throughout the U.S. are still struggling over the concept of health insurance exchanges. The exchanges are part of the Affordable Care Act, which many states oppose on general principle. As it becomes less likely that states will be able to avoid the federal health care law, however, some are beginning to highlight the potential benefits that could be had through hosting a health insurance exchange. In North Dakota, lawmakers expect that a comprehensive exchange program…

Health insurance research on North Dakota marketplace shows near monopoly

December 5, 2012April 30, 2013

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…