Workforce

Horizon Blue Cross Blue Shield of New Jersey is laying off 242 employees amid broader restructuring efforts at the company.  A spokesperson for Horizon told Becker’s it is facing unprecedented financial challenges due largely to rising medical costs and utilization…

Humana has sold a San Antonio office complex valued at $11.3 million after 35 years of ownership, the San Antonio Express-News reported Jan. 14.  The sale included more than 133,000 square feet of office space and housed Humana’s call center…

Blue Cross of Idaho is implementing “organizational changes” to boost efficiency and lower costs, affecting fewer than 90 roles, a spokesperson confirmed to Becker’s Jan. 21. “These decisions were not easy to make but position Blue Cross of Idaho to…

L.A. Care Health Plan is laying off 225 employees by March 13. The insurer told Becker’s the move affects 3% of its workforce and was driven by federal and state Medi-Cal budget reductions, which subsequently led to organizational restructuring. Impacted…

The insurance sector has experienced its first year of job losses since the pandemic, according to Bureau of Labor Statistics data released Jan. 9. Four notes:

Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses.

Computerworld’s 32nd report on the top places to work in IT featured five health payers. The Dec. 9 list relied on a survey from Computerworld publisher Foundry and included a breakdown by company size and areas of strength. Of the…

UCare is laying off roughly 250 employees in early January as the Minneapolis-based nonprofit insurer moves toward shutting down, the Minnesota Star Tribune reported Dec. 12. Another 650 workers are expected to transition to jobs at Medica, which announced in…

Horizon Blue Cross Blue Shield of New Jersey is exploring a move to a new headquarters building in downtown Newark as part of a mixed-use redevelopment project. The insurer’s current headquarters at Penn Plaza East would be redeveloped under a…

Seven insurers were recognized among America’s healthiest workplaces, according to an Oct. 15 ranking. Healthiest Employers recognizes the 100 healthiest workplaces in the U.S. in its annual ranking. Participating organizations complete an assessment, which is scored on a 100-point scale.…