Blue Cross Blue Shield of North Dakota reports $72.9M loss
FARGO — Blue Cross Blue Shield of North Dakota recently completed a bruising year that saw its financial bottom line drop by $72.9 million from a loss on a troubled subsidiary and higher-than-expected medical claims.
The year-end figures for 2013 were disclosed Thursday in a financial report filed with the North Dakota Insurance Department.
“We clearly had a bad year, no question about it,” said Paul von Ebers, the North Dakota Blues’ president and chief executive officer.
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