North Dakota Health Insurance

Every insurance company licensed to sell insurance in the state of North Dakota must abide by the laws set forth by the Insurance Department. This department is responsible for making sure that these laws are being followed as well. The insurance companies that abide by these rules and laws are authorized by the Insurance Department to sell policies to individuals and families.

All insurance polices are medically underwritten in the state of North Dakota. This allows the insurance companies the freedom to deny coverage to individuals that prove to be high risk during the application process. The application process is a series of forms that must be filled out with information concerning the medical history as well as other aspects of the people to be insured. The information that the application contains will be used to decide how the insurance company proceeds with writing the policy.

The insurance company can proceed from the application process in three ways. They can choose to fully cover you, cover you with the addition of an exclusion rider, or deny coverage. If they choose to cover you with an exclusion rider then you will be able to be covered for everything except the previous conditions that are written out in the rider. The state of North Dakotas Insurance Department requires that a standard and a basic plan be offered. The coverage in these plans is regulated by the department.

The Comprehensive Health Association of North Dakota does offer a guarantee issue policy. In this policy, you cannot be denied coverage because of pre-existing conditions. Although your premiums may be higher, it is much more cost efficient in the long run.