Statement from State Treasurer Dale R. Folwell, CPA, Regarding Atrium Health’s Decision to Cancel House Liens for Medical Debt as Part of Payout from the Department of Health and Human Services
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Treasurer Folwell Announces Record Unclaimed Cash Payouts in 2023-24
Raleigh - For the fourth year in a row, the Unclaimed Property Division (UPD) of the Department of State Treasurer (DST) has smashed the record for returning unclaimed money, putting over $115 million back into the pockets of the rightful owners, State Treasurer Dale R. Folwell, CPA, announced today.
Treasurer Folwell Submits Framework for Draft Legislation to Enact NC 401(k) Employer Match for All State Employees
State Treasurer Dale R. Folwell, CPA, has submitted a framework for draft legislation that introduces a monthly $25 employer match for nearly 350,000 active members in the Teachers’ and State Employees’ Retirement System (TSERS), Consolidated Judicial Retirement System (CJRS), Legislative Retirement System (LRS) and the Optional Retirement Program (ORP).
State Treasurer Exposes Hospitals' Overcharges in Cancer Drug Pricing
North Carolina State Treasurer Dale R. Folwell, CPA, released a report today finding that 340B hospitals billed state employees an average price markup of 5.4 times their discounted acquisition costs for oncology drugs. Hospitals generated average spread profits as high as $13,617 per claim on cancer drugs paid for by the North Carolina State Health Plan for Teachers and State Employees.
Treasurer Folwell applauds Unilever, PLC for spinning off Ben & Jerry’s Ice Cream
RALEIGH - Unilever PLC has decided to separate its ice cream business, which it started in 1922, citing future growth benefits for both entities. State Treasurer Dale R. Folwell praised this move, stating that North Carolina's Investment Management Division would assess whether this separation aligns with the state's "Divestment From Companies Boycotting Israel" statutes. This decision follows DST's inclusion of Ben & Jerry's Homemade, Inc., and its affiliates, including Unilever PLC, in the list of companies subject to divestment due to their boycott of Israel.
John Hood: Five candidates run to replace Folwell
After eight years as state treasurer of North Carolina — and prior public-service roles as school-board member, assistant commerce secretary, and four-term state legislator — Dale Folwell is running for governor in 2024.
NC Treasurer Bans Ben & Jerry's Investments Over Israel Boycott
(Raleigh, N.C.) – State Treasurer Dale R. Folwell, CPA, announced that the North Carolina Department of State Treasurer has updated its list of companies subject to divestment and contract restrictions due to their boycott of Israel. Added to this year’s list is Ben & Jerry’s Homemade, Inc. This action includes affiliates of Ben & Jerry’s such as its parent company, Unilever PLC, and Unilever’s subsidiaries.
Treasurer Folwell Announces 2024 State Health Plan Premium Rates with No Increase
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) Board of Trustees today approved, for the sixth straight year, no premium rate increases for State Health Plan active members for the 2024 benefit year, which begins January 1, 2024.
Treasurer Dale R. Folwell, Auditor Beth Wood Issue Joint Statement on House Veto Override
We hope this law is never used, but unfortunately there are some cases in which it may need to be implemented. Ensuring local governments’ bank books are balanced and taxpayer money is properly accounted for has always been important. With millions of federal dollars flowing through our local governments, that obligation is more important than ever.
Treasurer Folwell welcomes support from twenty-one states in sex transition lawsuit
State Treasurer Dale R. Folwell, CPA, welcomed a court filing from 21 states in support of the authority of North Carolina officials to determine which benefits will be covered by the State Health Plan.
Folwell urges Immediate Pause on Blue Cross Bill
As the largest customer of Blue Cross Blue Shield of North Carolina, I am asking that the sponsors of House Bill 346 request the bill be removed from the Senate calendar until the amendments offered by elected State Insurance Commissioner Mike Causey to protect consumers be considered.
Republican State Treasurer Dale Folwell announces bid for governor
In front of his hometown supporters Saturday at the Forsyth County Republican Convention, Republican State Treasurer Dale Folwell, 64, announced his intentions to seek the GOP nomination for governor in 2024.
Treasurer Folwell Encourages Businesses to Hire Disabled Workers to Fill Vacancies
State Treasurer Dale R. Folwell, CPA, said North Carolina is in the throes of an “employment crisis” and businesses struggling to find workers should consider hiring people living with intellectual and developmental disabilities.
Treasurer Folwell to 'Follow the Law' on Ben & Jerry's Ice Cream Divestiture
State Treasurer Dale R. Folwell, CPA, acknowledged today that he received a letter from the National Legal and Policy Center (NLPC) requesting that North Carolina join others in “the immediate divestiture of Unilever [Ben & Jerry’s] holdings in all public pension funds managed and controlled by the State of North Carolina.”
Treasurer Folwell to Highlight NC ABLE and ABLE to Work Programs at State Fair
(Raleigh, NC) -- On a day the North Carolina State Fair is reserving for subdued sensory stimulation, State Treasurer Dale R. Folwell, CPA, hopes to create a little buzz about a program that helps people living with intellectual and developmental disabilities to achieve a better life experience and lead a fuller life.
NC retirement plans wins two NAGDCA Leadership Awards for excellence and innovation
Treasurer Dale R. Folwell, CPA, the Supplemental Retirement Board of Trustees and staff have been recognized by the National Association of Government Defined Contribution Administrators (NAGDCA) with two national leadership awards recognizing outstanding achievements in Technology and Interactive Multimedia and National Retirement Security Month awareness.
Treasurer Folwell Calls on Governor to Let Executive Order 206 Expire
State Treasurer Dale R. Folwell, CPA, called on Gov. Roy Cooper to allow Executive Order 206 to expire on June 30. The order was originally issued in October 2020 and most recently extended in March of this year. It is based on a Centers for Disease Control and Prevention national moratorium issued last fall. Treasurer Folwell supported the original order but did not support the three extensions and asks that the executive order be allowed to expire at the end of the month.