Joint News Conference BCBSNC and NCDOI

Today I was thrilled, excited, and thoroughly surprised when CEO Brad Wilson announced the biggest refund to BCBSNC individual policyholders I have ever heard of.

On top of that the rate increases were less than were expected saving policyholders $14.5 million dollars.

Brad Wilson and Commissioner Wayne Goodwin sounded optimistic about Health Care Reform. My own feeling is Health Care Reform is good for the medical insurance business. Yes they will have to change their business model.

But the old model would not last in the long run. Insurance depends on having as many policyholders as possible and with economy and rising costs less and less people would be able to afford future policies and out of pocket costs.

This was a one time refund but shows a CEO who is steering his health insurance company in the right direction.  He has shown Health care Reform is a good thing for the people of North Carolina and the insurance industry.

Load More Related Articles
Load More By Alex O'Connor
Load More In Uncategorized

Top Stories from NCPW

  • News
  • Commentary

Hawaii Sen. Brian Schatz is trying to cut a last minute deal that could bring tens… [...]

For the third year in a row, Decarcerate Now NC will host a vigil outside the… [...]

Tillis and Burr 'aye' votes help assure measure could not be filibustered WASHINGTON — The U.S.… [...]

Early voting in the U.S. Senate runoff got off to a busy start in Georgia, with… [...]

The post Christmas Wishes appeared first on NC Policy Watch. [...]

U.S. Marine vet from North Carolina: Congress should pass the Afghan Adjustment Act ASAP More than… [...]

It’s an age-old, chicken and egg discussion: Is it extant societal forces of exclusion, hatred and… [...]

The post At the corner of Partisan and Politics appeared first on NC Policy Watch. [...]


You may republish this article online or in print under our Creative Commons license. You may not edit or shorten the text, you must attribute the article to The Pulse and you must include the author’s name in your republication.

If you have any questions, please email [email protected]


Creative Commons License AttributionCreative Commons Attribution
Joint News Conference BCBSNC and NCDOI