Original source: https://www.inforum.com/opinion/letters/1052251-Letter-Legislative-session-brought-big-changes-to-the-ND-Insurance-Dept.
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INFORUM (ND) (05/17/19) Godfread, Jon
North Dakota Insurance Commissioner Jon Godfread writes,”This session, the North Dakota Insurance Department suggested some substantial modifications — including providing a reinsurance program to reduce premiums for the more than 42,000 North Dakotans who purchase their own health , a restructuring of the Insurance Department, also steps ensuring we completely support North Dakota’s fire districts. These changes accepted by this Legislature will benefit every North Dakotan in certain manner. … Although we await federal approvalwe anticipate that our farmers, ranchers, and small business owners to obtain any much-needed relief when picking their 2020 health insurance plans. The Insurance Department estimates premium discounts of up to 20% along with that market’s stabilization, over the market. The Insurance Department will also examine our healthcare market to have a better comprehension of the prices we are paying at the machine; the ultimate goal being a more transparent and cheaper healthcare system.”… Read More
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