NU Online News Service, July 15, 2004, 2:03 p.m. EDT
North Carolina lawmakers might make a serious effort to limit profits at Blue Cross and Blue Shield of North Carolina, Chapel Hill, N.C., in 2005.[@@]
Standard & Poor’s Ratings Services, New York, says it is changing its outlook for N.C. Blue to negative, from stable, because of worries about lawmakers’ intentions.
S&P has assigned A plus credit and insurance financial strength ratings to the nonprofit health insurer.