NC State Treasurer Dale Folwell Home From Hospital After COVID-19 Diagnosis

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State Treasurer Dale Folwell was released from Wake Forest Baptist Medical Center after five days of treatment due to symptoms related to the COVID-19 virus.

The virus initially impacted his respiratory system, producing a severe cough. As he was convalescing at home, the cough became more acute, resulting in his physician recommending that he admit himself to the hospital.

At no time during his stay in the hospital was Treasurer Folwell on a ventilator or otherwise incapacitated. He has been in contact with his family and necessary senior staff members at the Department of State Treasurer (DST) throughout his illness.

Folwell has continued to lead DST, with the assistance of his deputies, and has been as engaged as necessary given the severity of his illness and his need to rest and recuperate.

Treasurer Folwell and his family expressed gratitude towards the doctors and staff at Wake Forest Baptist Medical Center that led to his speedy recovery and eventual discharge.

The Treasurer will now recover from home following the protocols as outlined by the discharge procedure as well as those required by local and state health officials.

Their hearts go out to those who have lost loved ones and to all who have been impacted by this pandemic. But through adversity often comes added strength. Treasurer Folwell hopes that we will all come out of this crisis with renewed vigor and a desire to be even better than we were before.

Original Story (3/25/20):

RALEIGH, N.C. — The North Carolina State Treasurer Dale Folwell has been diagnosed with COVID-19 after a trip with his son.

Folwell returned early from the trip to Raleigh on March 16 to address the downturn in the financial market and its impact on the state pension plan’s $100 billion investments.

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According to a news release, upon returning to work he experienced what he believed was a seasonal reaction to pollen which made, what he calls a ‘perennial cough’, to be more prominent.

“Obviously, I was aware of the COVID-19 pandemic so I monitored my temperature and saw no increase through the weekend even as my cough seemed to worsen,” Folwell said.

After consulting with a physician, 61-year-old Folwell was tested on Monday, March 23, and was informed Tuesday night of a positive result.

He is now in quarantine and following the advice of a physician.

In addition, the staff at the Department of State Treasurer has been notified and, starting today, only those absolutely necessary for continuing business services will be in our building.

Folwell made the following statement about COVID-19:

My thoughts and prayers are with not only those who are sick, but those who are impacted by the vast financial fallout of this pandemic. We will continue to work diligently to make sure retiree checks still go out on time, the State Health Plan provides comprehensive health care coverage, and state banking operations continue uninterrupted.

Words cannot express the gratitude that I feel for the employees at the Treasurer’s Department who have come to the office to work as well as those who have kept up with their duties from home. I am truly humbled to have the honor to work with them and hope that this crisis passes as quickly as possible.