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 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 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.
N.C. towns face insolvency as financial oversight falls short
After a decade of financial struggle, the small town of East Laurinburg in Scotland County could soon cease to exist. It could be the start of a trend: State Treasurer Dale Folwell now warns that a growing number of North Carolina towns are at risk of insolvency.