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February 08, 2016 2:37 PM ET

Insurance

Company Overview of Blue Cross and Blue Shield of North Carolina, Inc.

Company Overview

Blue Cross and Blue Shield of North Carolina, Inc. provides health insurance products and services in North Carolina. It offers health care providers that include medical doctors and general acute-care hospitals. The company’s products include health plans and dental plans for individuals, families, seniors, and employees. It also provides individual Medicare, small group, medium group, large group, and group Medicare plans for business owners to cover their employees. Blue Cross and Blue Shield of North Carolina, Inc. was formerly known as North Carolina Blue Cross and Blue Shield, Inc. and changed its name to Blue Cross and Blue Shield of North Carolina, Inc. in 1973. The company was found...

5901 Chapel Hill Road

Durham, NC 27707

United States

Founded in 1933

Phone:

919-489-7431

Fax:

919-765-7818

Key Executives for Blue Cross and Blue Shield of North Carolina, Inc.

Chief Executive Officer, President and Trustee
Age: 62
Chief Financial Officer and Senior Vice President
President of Mosaic Health Solutions
Chief Operating Officer and Executive Vice President
Senior Vice President, General Counsel and Corporate Secretary
Compensation as of Fiscal Year 2015.

Blue Cross and Blue Shield of North Carolina, Inc. Key Developments

Blue Cross and Blue Shield of North Carolina and Novant Health, Inc. Enter into Agreement to Improving Quality and Containing Overall Costs of Health Care

Blue Cross and Blue Shield of North Carolina (BCBSNC) and Novant Health, Inc. have reached an innovative agreement that emphasizes their ongoing commitment to improving the quality and containing the overall costs of health care. The arrangement with Novant Heath is value-based, which means BCBSNC rewards doctors and hospitals for the quality, satisfaction and outcomes of caring for patients, rather than simply paying for the volume of tests or services. Novant Health and BCBSNC will work together to prevent unnecessary hospital readmissions and share relevant clinical data with doctors and patients to help them make more informed health care decisions. Bundled payment agreements allow doctors and hospitals to work collaboratively to deliver higher quality, evidence-based care to reduce complications and readmissions, according to studies by the Centers for Medicare and Medicaid Services. Overall, participating BCBSNC customers are expected to save 10% to 30% on the cost of a knee replacement.

Blue Cross and Blue Shield of North Carolina, Inc. Presents at Health Care Conference 2015, Oct-08-2015

Blue Cross and Blue Shield of North Carolina, Inc. Presents at Health Care Conference 2015, Oct-08-2015. Venue: Umstead Hotel and Spa, 100 Woodland Pond Dr, Cary, NC 27513, United States. Presentation Date & Speakers: Oct-08-2015, Brian Caveney, vice president and medical director of Health Care Consulting, Michael Parkerson, chief marketing and strategy officer.

Carolinas HealthCare System and Blue Cross and Blue Shield of North Carolina Team Up on Health-Insurance Plan for Individuals

Carolinas HealthCare System is collaborating with Blue Cross and Blue Shield of North Carolina on a new insurance plan for individuals. The offering, called BlueLocal with Carolinas HealthCare System, will be available to residents of Anson, Cabarrus, Cleveland, Gaston, Lincoln, Mecklenburg, Rowan, Stanly and Union counties starting January 1, 2014. The plan was designed for those under age 65 who purchase their own insurance and want to receive care through the Charlotte-based health-care system. All Carolinas HealthCare-owned and -managed facilities in North Carolina will be in-network. BlueLocal will be offered through the federal health-insurance marketplace tied to Obamacare, as well as through Blue Cross. The insurance plan will cover a full-range of health-care services and access to more than 900 Carolinas HealthCare locations, including primary, specialty and urgent care facilities, as well as hospitals. Preventative care such as immunizations and screening will be covered, and patients will receive support to better manage chronic disease such as diabetes and heart conditions. Patients also will have access to Carolinas HealthCare Systems Virtual Visit, which provides live access to a medical provider 24 hours a day, seven days a week via computer or mobile devices.

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