State Treasurer Dale R. Folwell, CPA, announced today that a preliminary actuarial review of the state’s unfunded liability related to Other Post-Employment Benefits (OPEB) for the Retiree Health Benefit currently stands at $43 billion as of June 30, 2016 under the new accounting standards to become effective later this year.
Topics Related to SHP Press Release
North Carolina State Treasurer Dale R. Folwell, CPA announced today the appointment of Dee Jones as the executive administrator of the North Carolina State Health Plan. The announcement was made after an executive session of the State Health Plan Board of Trustees (BOT) meeting. As required by statute, Treasurer Folwell consulted with the BOT, laying out the terms of Ms. Jones’s employment including salary.
Treasurer Dale R. Folwell, CPA, announced today that the State Health Plan (Plan) will save approximately $8.5 million beginning in January 2018 as a result of new terms negotiated for the administration of NC HealthSmart, the Plan’s healthy living initiative that is administered by Active Health Management. The program offers health and wellness resources and services to support Plan members’ personal health goals.
Treasurer, Groups Call for North Carolina Congressional Delegation to Take National Lead in Extending Moratorium on ACA Health Insurance Providers Fee
Three Year Contract to Serve More than 700,000 Members
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.