“We had a year that was financially exceptional, but not repeatable,” BCBSNC President and CEO Bob Greczyn said. “Just as we expected, as the year went on, we saw medical costs increase and profitability decrease compared to the unusual results we saw early in the year. We expect this trend to continue into 2004.”

"Providing health care for the uninsured is crucial to the well-being of North Carolina, and it is central to the mission of the BCBSNC Foundation," said Bob Greczyn, president and chairman of the BCBSNC Foundation. "This partnership will help free clinics expand their scope statewide, providing quality health care to tens of thousands of North Carolinians."