BCBS North Carolina posts $497M loss in 2025

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Blue Cross NC recorded a net loss of $497.3 million in 2025, according to regulatory filings.

The insurer posted a net income of $68.5 million in 2024 and $133 million in 2023.

In March 2025, Blue Cross NC restructured under a new nonprofit parent holding company, CuraCor Solutions, which the company said would allow it to partner and invest in health programs and technologies more quickly.

The company reported total assets of $7.2 billion as of year-end 2025, with capital and surplus of $3 billion. Medicaid was the company’s largest line of business by direct premiums written at $3.5 billion, followed by Medicare at $2.2 billion, the Federal Employees Health Benefits program at $1.8 billion, Medicare supplement at $397.4 million, and dental at $101.3 million.

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