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.
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.
