NC Blue Cross – There’s more to the story.

By: - September 6, 2007 4:28 pm

In the N+O today there’s a short story about NC Blue and its efforts at molding health legislation in the General Assembly this year.  When a nonprofit CEO who pulls in over $3 million a year in salary says, “Personally and as a company, I think we believe in universal coverage,” watch out.

Here’s a few additional facts that didn’t make it into the story today:

Number of nonprofit NC Blue execs being paid over $1 million annually :  4

2001-2006 total profits for nonprofit NC Blue:  $871 million

Likely premium increases for NC businesses this year:  10% to 15%

Hmmm.  I wonder where to start saving money on health coverage costs?

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