Bill > SB2091

This bill amends the North Dakota Century Code by modifying the reinsurance requirements for health insurance claims. Specifically, it changes the provisions for member insurers' reinsurance by the association for individual health benefit plans. Under the new language, claims between $100,000 and $1 million per plan year will be reinsured by the association at up to 75% of the member insurer's responsibility. The bill adds a requirement that the board must annually determine the attachment points and coinsurance percentage for association claims, and must do so by April first of the preceding year. The bill removes the term "nongrandfathered" when describing individual health benefit plans. The legislation is declared an emergency measure, which means it would take effect immediately upon passage, allowing for quick implementation of the new reinsurance guidelines. This change appears designed to provide more clarity and flexibility in how health insurance claims are handled and reinsured in North Dakota.

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https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2091.html