Published February 03, 2010, 10:05 AM
Sanford Gets OK to Sell Insurance in ND
North Dakota regulators have given the OK for Sioux Falls, S.D.-based Sanford Health Plan to sell health insurance in the state.
North Dakota regulators have given the OK for Sioux Falls, S.D.-based Sanford Health Plan to sell health insurance in the state.
Insurance Commissioner Adam Hamm says the company still needs to get its insurance products and rates approved.
Hamm says it is good news for North Dakota consumers because it will provide more competition.
Blue Cross Blue Shield of North Dakota dominates the industry, with a market share in the state of almost 90 percent as measured by premium dollars.
Sanford Health Plan is a subsidiary of Sanford Health, which merged with Fargo-based MeritCare late last year, forming the nation's largest not-for-profit rural health care provider.
Tags: daily updates, insurance
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