{"id":1645,"date":"2008-12-01T12:00:34","date_gmt":"2008-12-01T17:00:34","guid":{"rendered":"http:\/\/healthnews.nchealthplans.com\/?p=1645"},"modified":"2010-06-23T21:26:33","modified_gmt":"2010-06-24T02:26:33","slug":"taxes-and-blue-cross-and-blue-shield-of-north-carolina","status":"publish","type":"post","link":"https:\/\/www.nchealthplans.com\/news\/2008\/12\/taxes-and-blue-cross-and-blue-shield-of-north-carolina\/","title":{"rendered":"Taxes and Blue Cross and Blue Shield of North Carolina"},"content":{"rendered":"

\"\"<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n

A taxing truth<\/span><\/p>\n

When you hear that Blue Cross and Blue Shield of North Carolina<\/a> is a<\/span><\/p>\n

not-for-profit company, you might think that gives them the same status as<\/span><\/p>\n

other nonprofit organizations. You might think that\u00a0they aren\u2019t required<\/span><\/p>\n

to pay taxes \u2013 but that\u2019s just not true.\u00a0BCBSNC<\/a> not only has to compete<\/span><\/p>\n

with for-profit companies for customers and employees, but\u00a0they are fully <\/span>taxed too.<\/span><\/p>\n

In 2007, Blue Cross and Blue Shield of North Carolina\u2019s <\/a>local, state and<\/span><\/p>\n

federal taxes were $173.8 million.* Over the course of the past five<\/span><\/p>\n

years, tha<\/span>t adds up to more than $734.7 million in taxes.<\/span><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

For more information on North Carolina health insurance<\/a>, please visit our website at www.nchealthplans.com<\/a> \u00a0or call our toll free number 888-765-5400 and speak with one of our professional authorized agents. Our agency provides coverage for health insurance<\/a> in North Carolina through Blue Cross Blue Shield of North Carolina<\/a> (BCBSNC<\/a>). You may qualify for a 15% healthy lifestyle discount if you are in excellent health, call all our office for details.<\/p>\n

\u00a0<\/p>\n

Source: BCBSNC internal records <\/span>as of 12\/31\/2007.<\/span><\/address>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 \u00a0 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\u00a0they aren\u2019t required to pay taxes \u2013 but that\u2019s just not true.\u00a0BCBSNC not only has to compete with […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[23,152,198],"class_list":["post-1645","post","type-post","status-publish","format-standard","hentry","category-bcbsnc-insurance","tag-bcbsnc","tag-blue-cross-blue-shield-of-nc","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/1645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/comments?post=1645"}],"version-history":[{"count":13,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/1645\/revisions"}],"predecessor-version":[{"id":3008,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/1645\/revisions\/3008"}],"wp:attachment":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/media?parent=1645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/categories?post=1645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/tags?post=1645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}