Topics Related to SHP Press Release

North Carolina State Treasurer Dale R. Folwell, CPA, issued a statement today congratulating Blue Cross Blue Shield of North Carolina and Mission Health for coming to an agreement for the healthcare provider's participation in the Blue Cross N.C. networks. The agreement comes after lengthy negotiations since the expiration of their contract on October 5 of this year.
State Treasurer Dale R. Folwell, CPA, applauded the announcement that Amazon, Berkshire Hathaway and JPMorgan are creating a company to address health care needs for their U.S.-based employees.
State Treasurer Dale R. Folwell, CPA, announced today that he is asking representatives of UNC Healthcare to provide the State Health Plan (Plan) with a $1 billion performance bond guaranteeing that any merger with the organization and Carolinas HealthCare System would not increase medical costs for the Plan and North Carolina taxpayers.
State Treasurer Dale R. Folwell, CPA, issued the following statement after it was announced today that UNC Health Care and Atrium Health  have suspended discussions to merge the two health care systems:
State Treasurer Dale R. Folwell, CPA, called for all deals involving state property, like the now-suspended proposal by UNC Health Care and Atrium Health to merge operations, to come before the North Carolina's Council of State (COS) for review. The COS generally has a statutory requirement to approve all state property transactions. However, the planned UNC Health Care and Atrium Health merger was never discussed at the COS.
State Treasurer Dale R. Folwell, CPA, called for all deals involving state property, like the now-suspended proposal by UNC Health Care and Atrium Health to merge operations, to come before the North Carolina's Council of State (COS) for review. The COS generally has a statutory requirement to approve all state property transactions. However, the planned UNC Health Care and Atrium Health merger was never discussed at the COS.
State Treasurer Dale R. Folwell, CPA, announced today that the State Health Plan (SHP) will generate $35 million in savings as a result of the increase in members enrolled in the UnitedHealthcare (UHC) Medicare Advantage plans. Treasurer Folwell released the numbers during his monthly “Ask Me Anything" conference call, part of his initiative to promote transparency.
State Treasurer Dale R. Folwell, CPA announced today that the State Health Plan has completed a year-long project to verify the eligibility of nearly 190,000 dependents on the Plan.
State Treasurer Dale R. Folwell, CPA and the State Health Plan (Plan) announced today that Blue Cross and Blue Shield of North Carolina (Blue Cross NC) has been directed to cut the Plan's medical provider rates on major contracts being negotiated this year by at least 15 percent. Blue Cross NC is the Plan's Third Party Administrator which processes claims, provides a network of providers, and establishes medical provider rates for the Plan.
State Treasurer Dale R. Folwell, CPA and the State Health Plan announced today that they have completed negotiations with UnitedHealthcare for 2019 rates to provide Medicare-eligible retirees with Group Medicare Advantage Plans.