Tag Archives: blue cross blue shield of north dakota

Largest North Dakota Insurer Fined $60,000 For Obamacare-Related Infractions

Largest North Dakota Insurer Fined $60,000 For Obamacare-Related Infractions

North Dakota Insurance Commissioner Adam Hamm’s office sent out a press release this morning announcing a fine for Noridian, the parent company of Blue Cross Blue Shield of North Dakota, in the amount of $60,000 for a series of infractions. You can read the full press release here. The consent order is below. The first

North Dakota's Largest Health Insurer Subpoenaed In Obamacare Exchange Investigation

When Fargo-based Noridian (which provides health insurance to most North Dakotans as Blue Cross Blue Shield of North Dakota) got involved in Maryland’s Obamacare exchange it ended up costing the company nearly $73 million. It also cost former CEO Paul von Ebers his job. Now it looks like the company is part of a federal

Maryland's Obamacare Exchange Disaster Leaves North Dakota Company With Over $56 Million In Losses

Blue Cross Blue Shield of North Dakota recorded a nearly $80 million loss in 2013 according to a financial disclosure filed with the state Insurance Commissioner’s office, and about $51 million of it was attributable to the company’s adventure with Mayrland’s health insurance exchange: The biggest share of the North Dakota Blues red ink was

Thanks Obamacare: North Dakota Insurance Customers To See 14.4 Percent Premium Hike

Remember when Obamacare was going to “bend the cost curve” on health care? “Back in 2008, three eminent Harvard economists who were advising the Obama campaign—David Cutler, David Blumenthal, and Jeffrey Liebman—wrote a memo claiming that Senator Obama’s health-care plan could reduce national health spending by $200 billion a year,” reported Avik Roy for National

Obamacare's Cost In North Dakota: Over 35,000 Lost Insurance, Less Than 3,000 Got Insurance

Despite the Obamacare insurance mandate which punishes the uninsured with a tax penalty in 2014, despite a high-profile political marketing campaign from the Obama administration (including hundreds of thousands of dollars of grants made to groups right here in North Dakota) the total number of people in the state who have enrolled in insurance because

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