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A profit crying: blue cross and blue shield of North Carolina.


A profit crying: Blue Cross and Blue Shield of North Carolina started waiving co-pays on generic-drug prescriptions through the end of the year, offering free flu shots and covering treatment of obesity. Such benevolence has raised suspicion that the nonprofit is trying to avoid another embarrassment of riches: It posted $196.3 million of net income in 2003, up from $76 million the year before.

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Copyright 2004 Gale, Cengage Learning. All rights reserved.

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Title Annotation:TATTLE TALES
Publication:Business North Carolina
Article Type:Brief Article
Geographic Code:1U5NC
Date:Dec 1, 2004
Words:65
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