RALEIGH, N.C.  – A performance audit says North Carolina lawmakers should consider shifting their oversight of the state employee health insurance plan to the executive branch.

The State Auditor’s Office released a report Thursday making the suggestion while explaining how the State Health Plan missed projections by $138 million last year. That turned a $58 million profit into an $80 million loss.

A legislative committee currently provides oversight for the plan. The report said the panel didn’t receive timely information about the trouble.

Auditor Beth Wood’s office also recommended the General Assembly change the law so that the health plan can get more information from vendors. The audit found the plan didn’t have enough data from Blue Cross Blue Shield of North Carolina, which runs its managed care policy.