08 June 2023 As prepared for delivery The finance committee meets this morning to discuss corporatization and consolidation in the health care system and the effect it has on what American families pay for and how they get health care. When I keep town halls at home, the two challenges I hear about most often when it comes to health care is that it is too expensive and complex for a typical American family to navigate. As the committee responsible for much of federal health care policy, including Medicare and…
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The BCBSNC bill clears another hurdle in the Senate
A bipartisan bill that would allow Blue Cross Blue Shield North Carolina and Delta Dental to reorganize and create a holding company that could transfer billions of policyholders’ excess cash was approved Wednesday by the Senate Commerce and Insurance Committee. Rep. John Bradford, R-Mecklenburg, a sponsor of HB 346, Reorganization & Economic Development Act, said it works to level the playing field for Delta Dental and BCBSNC, two hospital service companies. He said nonprofit entities currently under state law don’t have the same flexibility as other corporations. Healthcare is a…
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