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The measure would permit Blue Cross Blue Shield of North Carolina, the state's dominant insurance provider, and Delta Dental to transfer money from its current hospital service companies into new shell companies run by the same executive leadership.
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“It's not Blue Cross's money — this is the people's money,” state Insurance Commissioner Mike Causey told legislators before the vote, urging them to protect his ability to hold insurers accountable to their consumers.
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Blue Cross Blue Shield, which currently holds the state health plan contract, said it's pursuing an appeal.
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The biggest healthcare provider in Western North Carolina and the largest insurer in the state have reached a deal over reimbursement rates. They had been…
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The biggest healthcare provider in Western North Carolina and the largest insurer in the state have reached a deal over reimbursement rates. They had been…
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Negotiations between the largest healthcare provider in Western North Carolina and Blue Cross Blue Shield of North Carolina have failed after a…
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Negotiations between the largest healthcare provider in Western North Carolina and Blue Cross Blue Shield of North Carolina have failed after a…