A recently released report by a nonprofit organization says it’s a mixed bag when it comes to North Carolina hospitals complying with a federal price transparency law put in place two years ago.
N.C. Treasurer Dale Folwell wants Congress to allow state pension funds to seek damages through U.S. courts. His requested change in federal law could lead to seizure of Russian assets and properties. The change could provide possible recoupment of damage done to North Carolina’s pension plans. Folwell said in a press release that he...
Editor’s note: The number of hospitals included in the Patient Rights Advocate study has been changed, based on updated information from the Office of the State Treasurer. State Treasurer Dale Folwell is raising concerns about hospitals’ compliance with federal price transparency laws. Folwell highlights new research that “directly counters” competing claims about price transparency from...
State Treasurer Dale Folwell is once again sounding the alarm on some nonprofit hospitals in the state, with a new report that shows low-income patients are being billed when they were eligible for charity care. This comes on the heels of a similar report released in October by Folwell, who oversees the State Health Plan...
A constitutional amendment capping the state’s top income tax rate at 7 percent didn’t seem to spook national bond-rating agencies, state Treasurer Dale Folwell said. The three agencies recently reaffirmed the state’s AAA bond rating. Folwell made the announcement about the bond rating Wednesday, July 11. He noted North Carolina is one of only 13...
UPDATED, May 23 at 12:25 p.m. to include comments from Rep. Kelly Hastings. A House committee has proposed a $3 billion transportation bond, but state Treasurer Dale Folwell urges lawmakers to put the massive borrowing to a voter referendum if they proceed. “I’m not against more money for transportation, nor am I opposed to the...
State Treasurer Dale Folwell strongly hinted some of the 601 people terminated from the State Health Plan after a recent eligibility audit could be investigated. “We have statutes on the books that allow us to go after folks like this,” Folwell said Tuesday, May 1, during his monthly Ask Me Anything teleconference with reporters. First,...
Volatility in financial markets related to President Trump’s imposition of steel and aluminum tariffs has N.C. Treasurer Dale Folwell’s attention. Folwell says his department is monitoring the markets to see if the turmoil affects state investments. At this point, he can’t say whether the tariffs, and concern over a potential full-blown trade war, might spook...
State Treasurer Dale Folwell wants UNC Health Care to post a $1 billion performance bond guaranteeing medical costs would not increase for State Health Plan participants, or hit state taxpayers in the wallet, if the system enters into a proposed partnership with Carolinas HealthCare. Folwell, who raised concerns with reporters earlier this month about the...
The number of state employees and retirees purchasing Medicare Advantage plans might rise from 111,000 to 130,000 in the coming year, but they are facing as much as a 26 percent increase in their premiums. That was the message from state Treasurer Dale Folwell on Tuesday during his monthly “Ask Me Anything” teleconference series with reporters....
