888-765-5400RATES ARE APPROVED BY THE NCDOI
As stated in the 2009 financial summary, BLUE CROSS BLUE SHIELD OF NORTH CAROLINA’S profit margin was 2.1% with 87% of premiums collected going towards medical expenses. As is statutorily required, rates are reviewed and approved by the North Carolina Department of Insurance. It is hard to measure market share in the individual market accurately because the people in the market move in and out regularly. However, member population helps BLUE CROSS BLUE SHILD OF NORTH CAROLINA negotiate lower rates with hospitals and other providers.
When shopping for your health coverage, rates do not vary between agents or the company. Rates are established and set each year, regardless who you purchase your coverage through.
Trust the agent you are working with – what makes the difference in who you purchase your coverage through – CUSTOMER SERVICE is the ONLY difference, don’t let any agent tell you their premiums are cheaper or their products are better. If you are told that, you need to find someone else to work with.
For more information on health insurance coverage in North Carolina, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our qualified agents. Our agency provides coverage for health insurance in North Carolina through Blue Cross Blue Shield of North Carolina (BCBSNC). You may qualify for a 15% healthy lifestyle discount if you are in excellent health. Call us for details.