North Dakotans have many affordable insurance options. There are many affordable health insurance options in North Dakota, including state-sponsored plans like ND Medicaid and private insurance offered through the ACA Health Insurance Marketplace. Whether you're a single person, a family, or a small business owner, there are a variety of plans to choose from.
ND Medicaid offers healthcare coverage at no cost to adults with low income, children, pregnant mothers, older adults and persons with disabilities who meet the program's eligibility requirements. The program covers a broad range of medical services, including doctor visits, prescriptions, dental and mental health care, hospitalization, home visits, emergency transportation, and more.
The county in which you reside and your income determines whether or not you are eligible for ND Medicaid. You can view the income limit for each county by visiting the ND Medicaid Website.
North Dakota's health insurance premiums are based upon your age as well other factors. These include the type of coverage you choose and the number of covered people. As well as your monthly premiums, you may need to pay deductibles and/or coinsurance before the insurance coverage kicks in.
Deductibles can help you save by lowering monthly out-of pocket costs. They also allow you to only pay for essential healthcare expenses. You can use them to help you save money if your budget is tight or if you need to prepare for future medical expenses.
You will have to pay a deductible depending on the plan you select, but make sure it's lower than what you'd be paying without health insurance. Making a list will allow you to compare plans, and see if you are able to afford a plan with a lower annual deductible.
Consider whether you require specialized care or a particular provider. It's better to find a specialist who is in the network to lower your out-of pocket costs.
Medicare, the federal program for seniors is a great option if you are looking for a basic plan with minimal out-of-pocket expenses. If you are a Medicare eligible individual, you can apply directly to a Medicare provider or through the ND Health Insurance Marketplace.
High-deductible policies tend to be more expensive than those with lower premiums. However, they are also more likely to cover your medical expenses.
Another way to find a low-cost health insurance policy in North Dakota is by choosing a plan that has a low out-of-pocket maximum. These limits, usually set at a specific percentage of total medical costs can save you lots of money.
If you have a chronic condition, you may want to opt for a higher-deductible policy. The higher deductibles can be costly, but you'll get a larger percentage of the medical costs covered.
A number of North Dakota health plans offer an HSA (Health Savings Account), which allows you to set aside pre-tax funds for your medical care. These savings are available to cover out-of-pocket expenses for medical care.