Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses.
Below are workforce reduction efforts or job eliminations that were announced or take effect in 2025. Insurance industry layoffs in 2024 are here.
Editor’s Note: This webpage was updated April 9 and will continue to be updated this year.
- Cigna’s Evernorth is laying off 62 employees by July 3 in Morris Plains, New Jersey.
- Blue Cross of Idaho will lay off 135 employees after the loss of a state D-SNP contract.
- Point32Health, parent of Harvard Pilgrim Health Care and Tufts Health Plan, eliminated 110 positions in March to “reduce administrative costs as medical and pharmaceutical trends continue to climb to unprecedented levels.”
- UnitedHealthcare offered some employees buyouts if they left their job by March 3. The company did not confirm how many employees have received an offer, but across social media, employees said at least 30,000 people were offered a buyout on Feb. 17.
- Optum is laying off 71 employees in Basking Ridge, N.J. before April 23. The company laid off another 160 employees in New Jersey earlier this year.
- University of Michigan Health Plan is shutting down after 2025 and will lay off 192 employees in East Lansing between Dec. 31, 2024 and February 2026.
- Highmark Health laid off 208 employees in Pennsylvania and New York in January at its subsidiary enGen.
- GuideWell, the parent company of Florida Blue, laid off 3% of its workforce across 29 states.
- Arkansas BCBS laid off about 75 employees, or around 2% of the company’s workforce, in March.
- BCBS Michigan offered buyouts to more than 700 employees as it targets hundreds of millions of dollars in administrative cuts. The company laid off 64 employees in August.
- WPS Health Solutions laid off 313 employees in Monona and Madison, Wis. starting Jan. 21, 2025 due to competitive pressures and federal contract losses.
- Government Employees Health Association (GEHA), a federal employee health plan provider, is terminating 453 employees in Lee’s Summit, Mo. between Dec. 31, 2024 and April 13, 2025.
- Aetna began laying off more than 600 employees at its Hartford, Conn. headquarters in 2024, most of whom worked remotely. Layoffs will continue through June 2025.
