Health insurance exchange

In an earnings call on Thursday, Blue Cross Blue Shield of North Carolina said 2017 is the first year it has made money from health insurance plans bought through the federal exchange. The company reported a 7.8 percent increase in its net income ratio for 2017, compared with a 2.2 percent increase over the last five years.

Preliminary numbers show 8.8 million people bought health insurance plans through the federal exchange this year nationwide. That’s 96 percent of last year’s sign-ups, despite a lot of changes to the Affordable Care Act and a shorter window to enroll. Sign-ups in the Carolinas were also close to that of last year.

This is the last week to sign up for health insurance through the exchange. More than 209,000 people in North Carolina have enrolled as of the first week in December, according to the federal count.

Wednesday was the first day that North and South Carolinians could buy 2018 health insurance plans through the marketplace. The open enrollment period lasts through mid-December.

The Obamacare exchange in North Carolina will experience some turnover among insurance companies next year. It'll likely result in three companies still taking part but only one or two in most counties.

North Carolina's attorney general is joining those from about 20 other states in asking the U.S. Supreme Court to uphold a key part of Obamacare. The attorneys general filed a friend-of-the-court brief last week.

BlueCross Raises Rates On Obamacare Exchange In NC

Oct 22, 2014
BlueCross BlueShield

North Carolina's largest health insurance company is raising the cost of its plans on the insurance exchange that's part of the Affordable Care Act. But the hike by BlueCross BlueShield shouldn't affect the pocketbook of most customers.

People looking to buy health insurance through the North Carolina exchange may soon have another company to choose from. UnitedHealthCare plans to offer federally-subsidized coverage in the state starting next year.

Obamacare Enrollment Was Too Old In NC, So Premiums Will Likely Rise

May 9, 2014
Michael Tomsic

North Carolina's largest health insurance company says enrollment through the new exchange that's part of the Affordable Care Act missed expectations, and that means premiums on the exchange will likely rise.

In the Carolinas, the new health insurance exchanges that are part of the Affordable Care Act didn't sign up nearly as many young people as the White House had targeted. The U.S. Department of Health and Human Services on Thursday released the final enrollment data for this year.