How Are My Premiums Used?

One common question we receive from our members is how the premiums they pay are used. The answer can be a little complicated, but we hope this will help explain it. Members pay premiums in exchange for health insurance coverage. If you have health insurance through your job, you might see on your paycheck stub…
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How Health Insurance Premiums Are Used

People often ask us what happens to the health insurance premiums our members pay. Here is an explanation. Blue Cross Blue Shield of North Dakota charges premiums in exchange for providing our members with health insurance coverage. If you get insurance through your job, your premiums may be deducted from your paycheck or direct deposit.…
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See Our 2013 Annual Report, Financial Performance

We faced many challenges during 2013, including the implementation of the Affordable Care Act (also known as Obamacare), rising health care costs and higher than expected member claims. While the challenges led us to post a financial loss in 2013, our focus on our members as a not-for-profit member-owned company has not changed. Through it…
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Health Reform Changes Coming In 2014

The Affordable Care Act has already led to many changes in the U.S. health care system. Even more change is expected in 2014. Here’s a peek forward to some of the health reform changes coming in 2014: January 1, 2014 Pre-existing conditions allowed Starting with policy years beginning on or after January 1, 2014, health…
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Review Of 2013 Health Reform Changes

North Dakotans experienced many changes related to health care reform in 2013 – and more change is in the forecast for 2014. Blue Cross Blue Shield of North Dakota (BCBSND) spent much of 2013 preparing for changed related to the Affordable Care Act (ACA) and explaining the changes to our members and others in the state. We…
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