Weather a North Dakota winter can be tough, but when it’s compared with the search for health insurance, a snowy day can seem like summer. Residents of the Rough-rider State have the same problem locating affordable insurance that the rest of the United States citizens have: it’s hard to find. Luckily, there are many ways to save money on North Dakota health insurance and some of them are right here. If you want to save money, consider lowering your deductible. It’s also helpful to see if you qualify for certain North Dakota insurance programs that assist with low income families. Just because medical expenses are on the rise doesn’t mean you have to pay an arm and a leg just to have one fixed.
North Dakota Health Insurance Quotes and Facts
If you want to find affordable healthcare coverage, understand the different plans and how each can benefit you. There are different types of plans for families as well as those who are self-employed or have no dependents. Even students have different health insurance options than other people. If you’re a business looking for insurance coverage, it’s possible you may get a tax credit in 2014 thanks to the Affordable Care Act. One thing is for sure, change is coming to health insurance and it’s essential to understand how your current insurance situation will be affected. You may be paying for more insurance than you need.
North Dakota Medical Insurance Statistics
Consider the following statistics about health care coverage in North Dakota:
- Total North Dakota Residents – 617,589
- North Dakota uninsured residents – 10.97%
- Total North Dakota HMO enrollment – 16,667
- Average annual employee premium in North Dakota employer-sponsored plan (after employer contribution): $754
- Average North Dakota hospital cost per inpatient day (before insurance) – $958
Source data according to the Kaiser Family Foundation:
- Health Insurance Coverage of the Total Population, states (2007-2008), U.S. (2008)
- Total HMO Enrollment, July 2008
- Average Single Premium per Enrolled Employee For Employer-Based Health Insurance, 2008
- Hospital Adjusted Expenses per Inpatient Day, 2007
North Dakota state government health insurance resources
- North Dakota Healthy Steps: This is a program for North Dakota children who don’t have current health insurance, are 18 or younger, don’t qualify for Medicaid but live within a low income family.
- Caring for Children: North Dakota Caring Foundation Inc.: 9,000 children in the state have no health insurance. This organization helps provide children with health insurance through donations.
- North Dakota Department of Human Services: This is a great resource if you believe you qualify for Medicaid or Medicare and need more information.
- North Dakota Insurance Department: Protecting the Public Good: This website provides information on a variety of insurance programs and also offers information on how health care reform will affect state citizens.
The Cost of a North Dakota Health Insurance Quote
While most North Dakota residents still pay less than the national average for insurance, finding affordable insurance is very important. There are a few ways to get health insurance when you live in North Dakota. This first is employer coverage and this is the most common as well as most affordable health insurance option. Often, you’ll comprehensive coverage, which will utilize deductible and co-pays or co-insurance.
You can add multiple family members on this coverage type and your employer pays most of the premium cost. Most large businesses offer health insurance as a benefit, which helps retain valuable employees. Unfortunately, small businesses find it hard to offer employees health insurance because the risk pool is so tiny. That will change in 2014 when small businesses can purchase health insurance through a state exchange, which widens the risk pool. They’ll also receive tax credits to help offset the cost of health insurance.
If you’re self-employed or don’t’ have a job, you may need to find health insurance through the individual market. This is expensive, but necessary. Coming in 2014, be sure to look for state exchanges, which will allow you to compare insurance policies and find the one that suits your personal needs as well as your budget.
Overall, North Dakota health insurance rates are low, but if they’re not low enough for you, seek professional help and get quotes. Many professional insurance agent will have access to information that would takes you days to acquire. If you want to save money on your health insurance policy, compare quotes and start saving money today.