North Dakota offers many options for affordable health insurance. You can choose from state-sponsored health insurance programs, such as ND's Medicaid program, or private options available through the ACA Health Insurance Marketplace. If you are single, have a family, own a business, or have a small group, there is a plan for you.
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 offers a range of medical benefits, such as hospitalizations, doctor visits, prescriptions for dental, mental, and other health services, home visits or emergency transportation.
Your income and the county you live in determine your eligibility for ND Medicaid. You can find a list of income limits for each county on the ND Medicaid website.
In North Dakota, premiums are determined based on age and factors like the type and number of people covered by the policy. You may also be required to pay coinsurance and deductibles in addition to your monthly insurance premium.
Deductibles allow you to save money because they lower your monthly out of pocket expenses and only require you to pay essential healthcare costs. They are very useful if you have a small budget or need money to pay for medical expenses in the future.
The deductible you pay will vary depending on your plan. However, it is important that you don't pay more than you would have if you were not insured. Making a list will allow you to compare plans, and see if you are able to afford a plan with a lower annual deductible.
Also, you should consider if you need a specialty provider or specific medical care. When you're in need of a doctor, look for one who's part of your network.
Medicare is the federal senior program. It's a good pick if you want a basic insurance policy that has few out of pocket expenses. If you're a Medicare-eligible individual, you can find an affordable Medicare policy by going through the ND Health Insurance Marketplace or by applying directly to a provider.
High-deductible policies tend to be more expensive than those with lower premiums. They are more likely to pay for your medical costs.
Choose a policy that offers a low out of pocket maximum. These limits are set at certain percentages of your total medical bills, which will save you a great deal of money.
A policy with a high deductible may be the best option for you if you have a chronic disease. They can be expensive, but will cover a greater percentage of medical costs and give you peace of mind.
Health Savings Accounts (HSAs) are offered by a number of North Dakota plans. These accounts allow you to save pre-tax money for medical expenses. These savings may be used to cover medical costs out of pocket. This is a good option for people who don't visit their doctor very often.