Blue Cross Blue Shield of North Carolina posted a $497.3 million loss in calendar 2025, a report to the N.C. Department of Insurance says. The loss comes after BCBSNC netted $68.5 million in calendar 2024. “Like insurers nationwide, [BCBSNC] faced significant cost pressures in 2025 as health care costs continued to rise across the system,” […]
Aetna’s only been administering claims for the State Health Plan for a little over a year, but officials in Treasurer Brad Briner’s office are already looking aheadto perhaps replacing it. The plan’s executive administrator, Thomas Friedman, recently briefedpotential vendors about his expectations going forward. He minced no words, saying he’s not interested in listening to […]
Not quite 11 months after the getting the General Assembly’s OK for the idea, the NC Chamber has rolled out a new health-insurance option for the small businesses among its members. Carolina HealthWorks is a partnership between the Chamber and Blue Cross and Blue Shield of North Carolina. It capitalizes on the changes legislators make […]
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 […]
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 […]
