Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
September 22, 2026 Newswires
Share
Share
Post
Email

Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency

By Alan Wooten | The Center SquareThe Center Square Health Care

(The Center Square) – Keeping the State Health Plan and other employee plans solvent will be tougher if the merger of Wake Med and Atrium Health reaches the finish line, first-term Republican Brad Briner said Tuesday.

A day earlier, the Board of Commissioners in Wake County approved the hospital merger 5-2 in a five-hour meeting inclusive of disruptions, tense exchanges and clearance of the room by sheriff’s deputies. The shadowy move by the board, all Democrats, to put the articles of incorporation and transfer agreement on a consent agenda on a Friday before a Monday meeting four months ago led to a 90-day pause, public pushback, hearings, and amendments to the pact.

The finish line to clear still includes approval from the Federal Trade Commission and the U.S. Department of Justice. Briner called on first-term Democratic Attorney General Jeff Jackson for independent review.

The nation’s ninth largest state of 11.2 million has nearly 750,000 teachers, state employees, retirees, lawmakers active and retired, and members of higher education in the State Health Plan. The plan was in a $1.5 billion structural deficit when Briner took office in January 2025.

Actions since have included a rise in premiums, control of long-term costs, introduction of cost-saving tiered benefits, protection of rural healthcare access through Atrium Health, consolidated efficiency with Blue Cross Blue Shield of North Carolina, and $200 million in consecutive fiscal years via appropriation through the Republicans' majority in the General Assembly.

“The concern is magnified by the fact that nothing has fundamentally changed from the original proposal and that basic market principles have not changed either,” Briner said Tuesday. “Hospital consolidation leads to less competition and higher prices. And I’m not talking about a rural hospital getting acquired when it desperately needs a lifeline to ensure that rural North Carolinians have access to healthcare.

“I’m referring to when the merger happens as a means of having better market leverage. The result is that everyone’s healthcare costs will go up. And we don’t have to guess at that. The CEO was asked if costs will go up in his interview last week and he eventually responded simply, ‘I hope so.’”

Briner was invited to be cochairman, with Health Department Secretary Dr. Devdutta Sangvai, on first-term Democratic Gov. Josh Stein’s healthcare affordability commission. Interestingly, among the six core initiatives and advisements the governor wants from the panel is the second listed, saying improvement can come from “promoting competition in the market for healthcare services, including increasing system capacity.”

Stein, having successfully gotten the merger participants to a cap on price increases for the next five years at not more than 1.5 times annual increases in Medicare costs, said he was no longer opposed to the merger.

“This decision makes it even harder for that effort to be successful,” Briner said. “It also makes it even harder to keep the State Health Plan and other employer plans solvent. It’s no different than when I’m trying to lose weight and rationalize having a second dessert. All the rationalization in the world cannot change the fact that it’s a bad decision and I know it.”

Briner, first-term Republican state Auditor Dave Boliek, state Republican Reps. Mike Schietzelt and Erin Paré, and Raleigh Democratic Mayor Janet Cowell each brought awareness to the issue when the board attempted to sneak it through.

Chairman Don Mial, Vice Chairwoman Safiyah Jackson, and members Cheryl Stallings, Susan Evans, Tara Waters, Shinica Thomas and Vickie Adamson instead removed it from the list, saying no action would be allowed for at least 90 days. Adamson and Waters were the two votes against on Monday.

Seats for Mial, Jackson, Stallings (unopposed) and Adamson (unopposed) are on the ballot this election cycle. The board expands to nine members with this election, and two at-large slots are also on the ballot chased by two Democrats and two Republicans. Evans, Waters and Thomas were 2024 election winners.

Older

Fed Rate Hike Triggers Drop in Gold Prices

Newer

Local firm recognized as one of Atlanta’s Largest Insurance Brokers and Agents

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • Norwood Davis, CEO of health insurance giant, dies at 86 Norwood Davis, former CEO of health insurance giant Trigon, dies at 86
  • New leader named for state HHS Medical Services
  • Health Insurance Marketplace enrollment starts Nov. 1
  • The flawed logic of Medicare for All
  • Bailey pushes back on Abbott tax message
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.