ND eyes impact of revision to health care law
BISMARCK, N.D. (AP) — The North Dakota Insurance Department says it needs more time to study a change to the federal health law and how it will affect the state.
President Barack Obama announced Thursday that health insurance companies can continue to sell policies canceled under the Affordable Care Act for at least one more year to existing customers. The president's revision is in response to criticism from people who had cancellations or big changes to their insurance policies based on the new law.
State Insurance Commissioner Adam Hamm announced last week that nearly 36,000 North Dakotans would have their insurance policies canceled under the new health care law.
State Insurance Department spokeswoman Andrea Fonkert says the agency is studying the revision "and its potential impact on policy holders and the health insurance market."