NU Online News Service, Jan. 18, 3:15 p.m. – The North Carolina Department of Insurance has told Blue Cross Blue Shield of North Carolina, Chapel Hill, N.C., that its plan to convert to a for-profit company is incomplete.
The North Carolina department says the North Carolina Blue business plan, which is confidential, failed to include a premium rate analysis as required by state law. The plan also lacks details about how current North Carolina Blue subscribers would be protected after conversion, the North Carolina department says.
