Because of the Affordable Care Act, North Dakotans who have insurance are granted more choices and stronger coverage than ever before. Additionally, North Dakotans who don’t have insurance or have, but are not satisfied with it, can now receive new rights, protections and benefits.
Things you should know:
- The bill brings an end to discrimination for pre-existing conditions.
- ObamaCare covers preventive services with no deductible or co-pay.
- The ACA removes lifetime limits on health benefits.
- ObamaCare brings new coverage options for young adults.
- The new law makes prescription drugs affordable for seniors.
The new online Health Insurance Marketplace provides individuals, families and small businesses who are looking for a better deal a new way to find health coverage that fits their needs and their budgets.
The official ObamaCare enrollment period ended on March 31, 2014. Important Notice: Its urgent, to avoid future fines and penalties, to sign up for health insurance under the Affordable Health Care Act.
North Dakota Individuals & Families: Find out the most cost efficient healthcare insurance for you.
The 80/20 Rule
Health insurance companies now have to spend at least 80 cents of your premium dollar on health care or improvements to care, or provide you a refund.
The health care law promotes better health by increasing support for community health centers and investing in the primary care workforce.
The health care law increases the funding available to community health centers nationwide to:
- Support ongoing health center operations.
- Establish new health center sites.
- Expand services.
- Support major capital improvement projects.
- Help enroll uninsured Americans in the Health Insurance Marketplace.
- Hire more workers.
To check your options you can visit your state’s Marketplace. For North Dakota it is HealthCare.gov
- You can start by getting a quote or you can go right ahead to the registration process.
- Price quotes will reflect any lower costs you may be eligible for based on your income and household size.
- To get a premium estimate or quote for ObamaCare in North Dakota you can visit their website.
What if I can’t afford coverage?
The Affordable Care Act provides two programs to help individuals afford coverage through the Marketplace:
- Premium tax credits.
- Cost-sharing reductions.
Subsidies are aimed at people with incomes between 139% to 400% of the FPL (federal poverty level).
*Current 139% FPL is $23,050 for a family of four and the 400% is $92,200.
Families who make more than the current FPL will get considerably less cost assistance.
Subsidies are given as refundable tax credits.