Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses.
Workforce
UCare will lay off 80 employees, around 5% of its workforce, the nonprofit insurer confirmed in a statement to Becker’s. The move comes as the company faces steep losses. In 2024, UCare reported a $504 million loss, a margin of…
Aetna Medicaid has partnered with the National Alliance for Care at Home and MissionCare Collective to improve home healthcare access and support the direct care workforce in Illinois, Louisiana and North Carolina. The pilot program is funded by Aetna and…
The mean salary for chief executives at health and medical insurance carriers in 2024 was $392,520, according to the Bureau of Labor Statistics. The BLS published updated 2024 employment data on April 2. The mean wage for all occupations across the…
Two insurers landed a spot on Fortune’s list of the top 100 employers. The annual list, published April 2, is based on more than 1.3 million survey responses designed to assess employee trust. The top-ranked organizations are those where employees…
Humana is planning to renovate portions of its new headquarters, the Louisville Business Journal reported March 10.
UnitedHealthcare is offering some employees buyouts if they leave their job by March 3, CNBC reported Feb. 19.
Excellus Blue Cross Blue Shield is the highest-ranked health insurer on Forbes' annual ranking of America's best midsize employers.
Blue Cross Blue Shield of North Carolina is the highest-ranked health insurer on Forbes' annual ranking of America's best large employers.
Humana is planning to list its downtown Louisville, Ky. tower for sale, the Louisville Courier Journal reported Feb. 5.