Intelligence Unit
Special Reports
Special Events
Subscribe
Sponsored
Departments
- Leadership
- Finance
- Technology
- Physicians
- Community Hospitals
- Health Plans
- Marketing
- Quality
- Nursing
- HR
Follow Us
NC Blue Cross Aims for 20% Overhead Cut
Charlotte Observer, July 14, 2010
The head of Blue Cross and Blue Shield in North Carolina wants to cut about $200 million from the company's $1 billion annual budget by 2014, which may mean eliminating open positions, early retirements, streamlining operations, and other steps, he said this week. The company raised premium rates for individual members an average of 12% this year, and hopes the administrative cuts will allow it to keep premiums from rising while improving financial results.
Most Viewed
Most Emailed
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Fortunately, Angelina Jolie Isn't On Medicare
- Don't Let Nurses Sink Your Bottom Line
- How Chargemaster Data May Affect Hospital Revenue
- Uncompensated Care Faces a Double Hit in Some States
- Insurer's App Aims to Lower Healthcare Costs, Securely
- ED Physicians Key to Half of Hospital Admissions
- Primary Care Docs Average More Hospital Revenue Than Specialists
- Hospital Pricing Transparency a Marketing Game Changer
