Tag: Blue Cross Blue Shield of NC

Folwell and Blue Cross, not bygones

With seven weeks left in State Treasurer Dale Folwell’s term, he’s not leaving without taking a parting shot at Blue Cross and Blue Shield of North Carolina. He recently wrote Blue Cross President and CEO Tunde Sotunde to demand that the insurer pay more than $2 million in legal fees that the state ran up […]

Written by on November 13, 2024

Blue Cross settlement

A multi-billion dollar anti-trust lawsuit involving Blue Cross and Blue Shield of North Carolina is in the process of being settled. The deal will require the country’s 33 Blues, and the nationwide Blue Cross Blue Shield Association, to pay $2.8 billion into an escrow account for eventual distribution to the lawsuit’s plaintiffs. How much of […]

Written by on October 24, 2024