News
| Press Release
BCBSNC Sues Federal Government for Risk Corridor Payments Owed
“We are working hard to make the Affordable Care Act work for our customers and our company,” said BCBSNC President and CEO Brad Wilson. “The federal government’s failure to honor its legal obligations contributed significantly to our ACA losses in 2014 and 2015 and makes it more challenging for our company to continue selling ACA products to our customers.”
| Press Release
BCBSNC Files Average Rate Increase of 18.8 percent for ACA Coverage in 2017
“In 2015, we saw rising prices for many drugs, both generic and name brand drugs, that a large number of ACA customers use,” said Brian Tajlili, director of actuarial and pricing services for BCBSNC. “In fact, seven drugs cost our company over $139 million to cover ACA customers last year .”
| Press Release
Blue Cross Names John D. Kimberly to Board of Trustees
“John’s history as a leader in business and his involvement in community health organizations will bring knowledge and perspective that is valuable to our company, especially during a time of tremendous change in health care,” said Blue Cross President and CEO, Brad Wilson.
| Press Release
Blue Cross and Blue Shield of North Carolina Expands Call Capacity
• Expanded relationship with global leader enables BCBSNC professionals to perform more complex work to deliver greater value to customers. • BCBSNC is able to handle more calls and to expand capacity quickly in times of need.
| Press Release
Blue Cross Announces Executive Appointments
Chapel Hill, N.C. – Blue Cross and Blue Shield of North Carolina (Blue Cross) has appointed current Chief Financial Officer Gerald Petkau to the role of Chief Operating Officer (COO). Petkau will oversee the company’s customer service, claims processing,...
| Press Release
Carteret Health Care and Blue Cross and Blue Shield of North Carolina Announce New Contract
Carteret Health Care (CHC) and Blue Cross and Blue Shield of North Carolina (BCBSNC) are pleased to announce that they have reached a new multi-year agreement.
| Press Release
Blue Cross Makes Key Senior Leadership Changes to Drive Corporate Strategy, Improve Quality of Care
CHAPEL HILL, N.C. – Blue Cross and Blue Shield of North Carolina (Blue Cross) is appointing key senior leaders to oversee the company’s corporate strategy and its work to improve the delivery of quality, affordable health care. Their responsibilities...
| Press Release
Blue Cross 2015 Financials: ACA Losses Grow; Improvements in Other Lines of Business, Strong Investments Create Small Profit
CHAPEL HILL, N.C. – While medical costs continued to rise last year, Blue Cross and Blue Shield of North Carolina (Blue Cross) ended 2015 with an improved net income of $0.5 million as compared to the previous year’s ($50.6) million loss. “In the year ...
| Press Release
BCBSNC Recognizes Hospitals Across North Carolina for Delivering Quality, Affordable Maternity Care
CHAPEL HILL, N.C. – In an effort to help soon-to-be parents find hospitals that deliver quality, affordable maternity care, Blue Cross and Blue Shield of North Carolina (BCBSNC) announced the first hospitals in North Carolina to receive the Blue...