BCBSNC 'The State Plan' gets $100 million rescue from NC STATE LEGIS WHICH WAS SUPPOSED TO BE OVERSEEING BCBSNC

BCBSNC 'The State Plan'/ 'Blue Options' and BCBSNC PPO,appear to be the SAME PLAN.

When reporters/ journalists cover stories about BCBSNC's The State Plan, without mentioning the connection to BCBSNC, citizens do not get that we are talking about a PRIVATE insurance company which is supposed to be overseen by the NC STate Legislature but which, in actuality, does pretty much as it pleases and just like the big banks, once they have made all their private money, come the SHORT FALL, the citizens are supposed to PAY FOR IT.

See:

http://pulse.ncpolicywatch.org/?p=1321

July 17, 2008
State Health Plan Crisis: Were overseers asleep at the switch?
Posted at 3:49 PM by Adam Searing

The House Appropriations Committee met this afternoon and passed out a bill to authorize $100 million from the state’s rainy day fund to backstop the state health plan which is reportedly facing a serious shortfall. Apparently this shortfall was completely unexpected and now has the General Assembly in an uproar. Any clear information on the amount of the shortfall and why the shortfall happened is simply not available – at least not publically. Apparently the General Assembly is looking into the matter with auditors and other staff, but this oversight role is just beginning.

Why hasn’t this happened before however? The State Health Plan isn’t a small part of government. It insures over 600,000 state employees and their families. Good oversight should not allow shortfalls like this to happen. The software health insurance companies use now can accurately project claims and costs for years. There is a structure in place to oversee the plan so no one person – like the recently fired executive director – is solely in charge of the plan.