Blue Cross NC's 2020 Financial Performance

March 02, 2021
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Blue Cross NC’s 2020 financial results reflect high cost of pandemic, commitment to members and providers:

  • Net Income ratio of 2.6 percent, down from 5.0 percent in 2019
  • Medical claims and expenses rose by $200 million, membership increased to 3.86 million
  • Dec. 2020 saw the highest health care costs in a single month in Blue Cross NC’s history
  • Continued expansion of industry-leading move-to-value program, Blue Premier

Read the full press release for more information.