North Carolina House Bill 346 can help reduce health care costs


A North Carolina General Assembly bill would cut government bureaucracy so that some companies like Blue Cross NC can more efficiently invest their resources, provided those investments are intended to reduce care costs healthcare, increase access or enhance the consumer experience.

Unfortunately, a small but vocal minority has made several false claims against the legislation that would lead one to believe that the bill does many things it does not and cannot do.

False Claim No. 1 is that the bill would increase insurance premiums. Not only have the naysayers failed to back up this claim with facts, but it also shows a fundamentally flawed understanding of how insurance premiums work.

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