888-765-5400Taxes and Blue Cross and Blue Shield of North Carolina
A taxing truth
When you hear that Blue Cross and Blue Shield of North Carolina is a
not-for-profit company, you might think that gives them the same status as
other nonprofit organizations. You might think that they aren’t required
to pay taxes – but that’s just not true. BCBSNC not only has to compete
with for-profit companies for customers and employees, but they are fully taxed too.
In 2007, Blue Cross and Blue Shield of North Carolina’s local, state and
federal taxes were $173.8 million.* Over the course of the past five
years, that adds up to more than $734.7 million in taxes.
For more information on North Carolina health insurance, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our professional authorized 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 all our office for details.
Source: BCBSNC internal records as of 12/31/2007.