North Dakota’s largest health insurance company and some leading health providers pledged today to work together to trim medical inflation.
The initiative seeks to reduce the annual rate of medical inflation, now averaging 8 percent, to 6.5 percent in three years.
BISMARCK – Blue Cross Blue Shield of North Dakota has maintained reasonable financial reserves since the state Insurance Department ordered the company to pay $26.5 million in refunds four years ago, Insurance Commissioner Adam Hamm said Friday.
Three policyholders speak during event’s comment portion
Public uproar over management practices at Blue Cross Blue Shield of North Dakota this past year didn’t translate to a strong turnout at the company’s annual meeting Friday at the Fargo Holiday Inn.
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