Urge N.C. lawmakers to OPPOSE House Bill 346 and Senate Bill 296

With lawmakers’ support, Blue Cross Blue Shield of North Carolina (BCBSNC) is attempting to push two potentially harmful bills through the N.C. General Assembly: House Bill 346 and Senate Bill 296.

Under the bills, BCBSNC would be able to bypass state laws that protect underserved North Carolinians from corporate interests. Specifically, BCBSNC could “restructure” itself by setting up a parent company that is NOT a regulated insurance company.

This new parent company could take actions like investing assets out of state or increasing executive salaries, which could lead to higher premiums and out-of-pocket costs as well as diminished quality of care and services for North Carolinians.

We do not believe this proposal is in the best interest of the 4.3 million BCBSNC policyholders in North Carolina or for our state’s insurance market.

In solidarity,

Nicole, Hyun, Rebecca, Tara, and Jen