All tagged blue cross

Folwell responds to state health plan victory over Blue Cross NC

From the beginning, it has been clear that the State Health Plan (Plan) performed a well-reasoned, high-integrity, and correct procurement process for third-party administrative services. This process clearly revealed that Aetna’s bid was superior to Blue Cross NC’s, and the Plan’s Board of Trustees properly approved the contract’s award to Aetna. As Judge Melissa Owens Lassiter said in her opinion:

North Carolina Insurance Commissioner slams hospital reorganization bill as 'corporate greed'

A bill allowing hospital service corporations, including Blue Cross Blue Shield of North Carolina, to reorganize by creating a nonprofit holding corporation is facing fierce opposition from the state's Republican Insurance Commissioner, Mike Causey, who has labeled the proposal as "all about corporate greed." The bill, which has broad bipartisan support in the legislature, has been criticized for potentially evading scrutiny and avoiding a legal trigger that could lower customer premiums.