All tagged dale folwell

State Treasurer Exposes Hospitals' Overcharges in Cancer Drug Pricing

North Carolina State Treasurer Dale R. Folwell, CPA, released a report today finding that 340B hospitals billed state employees an average price markup of 5.4 times their discounted acquisition costs for oncology drugs. Hospitals generated average spread profits as high as $13,617 per claim on cancer drugs paid for by the North Carolina State Health Plan for Teachers and State Employees.

Treasurer Folwell applauds Unilever, PLC for spinning off Ben & Jerry’s Ice Cream

RALEIGH - Unilever PLC has decided to separate its ice cream business, which it started in 1922, citing future growth benefits for both entities. State Treasurer Dale R. Folwell praised this move, stating that North Carolina's Investment Management Division would assess whether this separation aligns with the state's "Divestment From Companies Boycotting Israel" statutes. This decision follows DST's inclusion of Ben & Jerry's Homemade, Inc., and its affiliates, including Unilever PLC, in the list of companies subject to divestment due to their boycott of Israel.

NC Treasurer Bans Ben & Jerry's Investments Over Israel Boycott

(Raleigh, N.C.) – State Treasurer Dale R. Folwell, CPA, announced that the North Carolina Department of State Treasurer has updated its list of companies subject to divestment and contract restrictions due to their boycott of Israel. Added to this year’s list is Ben & Jerry’s Homemade, Inc. This action includes affiliates of Ben & Jerry’s such as its parent company, Unilever PLC, and Unilever’s subsidiaries.

NC retirement plans wins two NAGDCA Leadership Awards for excellence and innovation

Treasurer Dale R. Folwell, CPA, the Supplemental Retirement Board of Trustees and staff have been recognized by the National Association of Government Defined Contribution Administrators (NAGDCA) with two national leadership awards recognizing outstanding achievements in Technology and Interactive Multimedia and National Retirement Security Month awareness.

Treasurer Folwell Calls on Governor to Let Executive Order 206 Expire

State Treasurer Dale R. Folwell, CPA, called on Gov. Roy Cooper to allow Executive Order 206 to expire on June 30. The order was originally issued in October 2020 and most recently extended in March of this year. It is based on a Centers for Disease Control and Prevention national moratorium issued last fall. Treasurer Folwell supported the original order but did not support the three extensions and asks that the executive order be allowed to expire at the end of the month.