Uninsured individuals fall in the health insurance coverage gap if their income is too low to qualify for a subsidy on the federal exchange. Medicaid expansion proponents want ... Keep Reading
state treasurer
North Carolina One of 40 States that “Can’t Pay Its Bills”
North Carolina was identified as one of 40 states that has more outstanding financial obligations than funds available to meet them. Unfunded pension and retiree healthcare ... Keep Reading
State Treasurer Has Warning, and Answers
State Treasurer Dale Folwell had sobering words on Saturday about the state's pension plan and state health plan. Overly optimistic projections have left both facing daunting ... Keep Reading
State Employee Group Files “Pay to Play” Complaint Against State Treasurer Janet Cowell
From the State Employee Association of North Carolina (SEANC) website: The State Employees Association of North Carolina today announced the filing of a complaint with the ... Keep Reading
Powerful State Employee Group Refuses to Endorse Cowell
On the heels of NC State Treasurer Janet Cowell receiving criticism regarding possible conflicts of interest involved in the state pension fund's investment in Facebook's IPO (and ... Keep Reading
State Pension Fund Returns Nearly $4 Billion Below Projections
An already bad week for State Treasurer Janet Cowell just got a little worse. On the heels of the Facebook fiasco, which raised several questions of dubious ethics, we now hear ... Keep Reading
State’s Credit Card Still Maxed Out
The State Treasurer's Office just released its 2012 Debt Affordability Study analyzing the current state debt situation. Some of the major findings contained in the study: The ... Keep Reading
Debt Downgrades – Is North Carolina Next?
Today's N&O has a short piece expressing relief about North Carolina's continued AAA bond rating for its debt. As I point out in this article at www.nccivitas.org , however, ... Keep Reading
Senate Tentatively Approves State Health Plan Changes
The state Senate passed SB265 on its second reading. It faces one more vote next week before going to the House. State employees would contribute to their health insurance and the ... Keep Reading
State Senate Budget Committee to Discuss State Health Plan Changes Wednesday Morning
The Senate Insurance Committee passed SB265, which would transfer oversight of the State Health Plan to the Office of State Treasurer from under the legislative umbrella. But it ... Keep Reading