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Treasurer Folwell talks loss of State Health Plan coverage for weight loss drugs

North Carolina State Treasurer Dale Folwell gave more insight Tuesday as to why the State Health Plan decided to end coverage of popular weight loss drugs, including Ozempic and Wegovy, as of April 1. During the Council of State meeting, he said the drugs had the potential of costing the SHP $170 million this year for 22,000 people. He said it would be the same cost as a 4% bonus to 253,000 employees and would double the individual premium for everyone else on the state health plan from $25 to $50.

Theresa Opeka
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Folwell warns that state’s pension plan could be in jeopardy

A new law allowing University of North Carolina (UNC Health) and East Carolina University (ECU) health systems to create their own retirement plan separate from the state pension plan, in addition to other proposed changes, could possibly lead to its demise.

Theresa Opeka
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NC wildfire updates at NC Council of State meeting

North Carolina's Agriculture Commissioner Steve Troxler said that firefighters continue to battle wildfires in western North Carolina due to drought conditions. Since November 1, there have been 622 wildfires burning state and private land in the region.

Theresa Opeka

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Robersonville gains financial control back from the state, continuing a positive trend

The small town of Robersonville, population 1,249, in Martin County, is once again in charge of its finances as the state restored financial control to the town at Tuesday’s Local Government Commission meeting.

Theresa Opeka
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Folwell warns of rising healthcare costs under Medicaid Expansion

During his monthly “Ask Me Anything” conference call with reporters earlier this week, North Carolina State Treasurer Dale Folwell said he is concerned healthcare costs increasing under Medicaid expansion, how he is protecting the state pension plan from ESG investments, and why a Senate bill targeting municipalities with late audits is good for their residents....

Theresa Opeka
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