North Dakota is one of 27 states that have decided to let the federal government set up and run the state marketplace or exchange under the Affordable Care Act. Open enrollment is set to start on October 1 for online marketplaces or exchanges set up in each state that will allow consumers to comparison shop for insurance coverage. Coverage for those who purchase insurance on the exchanges will begin on January 1, 2014.
A total of 17 states have chosen to set up and operate a state-based exchange, giving them more control over exchange operations in their states, and another 7 states plan to partner with the federal government to set up and run their state exchanges.
All states will have their own state exchange to give residents another choice when purchasing health insurance. The exchanges will offer different levels of coverage and consumers can select the level of coverage and cost they would like to purchase. The exchanges are voluntary and are meant to compliment employer-sponsored coverage. If your employer offers health insurance, you will be able to continue purchasing insurance through your work.
Blue Cross Blue Shield of North Dakota will offer insurance on North Dakota’s state exchange and will continue to offer insurance to employers to cover their employees and will also continue selling individual insurance policies for those who wish to purchase insurance directly from us.
Ryan Schuster is an editor in the Communications department at Blue Cross Blue Shield of North Dakota.