Oscar Health is moving its Florida-based employees from traditional group medical plans to Custom Health Option and Individual Care Expense arrangements — formerly known as individual coverage health reimbursement arrangements — in 2027. The company confirmed the move, called CHOICE…
Workforce
Payers are continuing to trim their workforces amid financial pressures, growing medical and pharmacy utilization, Medicaid funding cuts and strategic restructuring. Below are workforce reduction efforts or job eliminations that were announced or take effect in 2026. Insurance industry layoffs…
Across the U.S., 7% of healthcare workers were uninsured in 2024, according to a KFF Health News report published Sept. 20 in The Washington Post. KFF‘s analysis was based on recent American Community Survey data. Fewer physicians opted out of…
Elevance Health is laying off 216 employees in Louisiana as part of the wind-down of its Medicaid business in the state. The layoffs are set to take effect by the end of the year at the insurer’s Metairie office, according…
More than 450 employees at The Cigna Group have signed a petition challenging the company’s decision to end GLP-1 weight-loss coverage for its workforce. Cigna stopped covering GLP-1s for weight loss through its employee health plan July 1. The company…
Advertisement
Independence Blue Cross is expanding its professional development opportunities for employees through a new partnership with Reading, Pa.-based Alvernia University. According to a Sept. 1 news release, the IBX University Partnership Deferral Program allows eligible employees to pursue undergraduate and…
Some of the country’s most recognizable employers are reshaping their health insurance benefits heading into 2027. In the span of a few weeks, Walt Disney, Bloomberg, Starbucks, and the City of Dallas have all taken actions to rein in healthcare…
AI, machine learning and data science roles accounted for 49,200 job postings in 2025, up 163% from the previous year, according to professional recruiting firm Robert Half’s recent “Demand for Skilled Talent” report. Like other industries, health insurance has been…
BlueCross BlueShield of Tennessee has moved away from AI software that monitored employee work, according to an Aug. 19 report from the Chattanooga Times Free Press. The insurer confirmed to Becker’s that it recently ended a pilot based on employee…
The insurance industry is losing jobs at more than four times last year’s pace, according to new data this month from the Bureau of Labor Statistics. The sector, which includes life, health and property insurers, shed an average of about…