PacificSource will cut about 300 roles across Oregon, Idaho, Montana and Washington, according to a spokesperson and notices filed with the government. The payer cited a “significant” drop in Medicaid membership across Lane County, Ore., as a driving force behind…
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Point32Health, the parent company of Harvard Pilgrim Health Care and Tufts Health Plan, is laying off 254 employees in a second round of job cuts this year. In March, the company eliminated 110 positions to “reduce administrative costs as medical…
Blue Shield of California is conducting a third round of layoffs this year, with 150 more employees being laid off in December. The nonprofit insurer laid off 138 employees in September and 113 employees in May. The majority of the…
Blue Cross Blue Shield of Massachusetts is offering a voluntary separation program to about 18% of its employees — totaling nearly 800 people — a company spokesperson told Becker’s. Employees who are at least 55 years old and have worked…
Blue Cross North Carolina is offering voluntary separation packages to eligible employees, according to a company statement shared with Becker’s. The changes come months after the insurer restructured. “The rising cost of healthcare, market volatility and legislative and regulatory pressures…
Twenty-one health insurance companies made the inaugural list of “America’s Best Employers For Company Culture” by Forbes and Statista, a Hamburg, Germany-based data analytics firm, published Sept. 18. Forbes and Statista heard from over 218,000 workers at companies with at…
Elevance Health is expanding its education and professional development benefits with new programs centered on artificial intelligence and career growth. The insurer is partnering with OpenAI to offer employees AI certifications, including training in areas such as prompt engineering and…
Amazon will invest $1 billion to lower healthcare costs for full-time employees in its basic health plan, the company said Sept. 17. The retail giant will lower the weekly cost of the plan from more than $7 to $5, while maintaining its…
Eight health insurers were featured on Fortune magazine and Great Place to Work Institute’s annual “Best Workplaces in Health Care” list. Fifty large healthcare employers were recognized in total. The rankings were created from employee surveys, which asked participants to…
BlueCross BlueShield of Tennessee is laying off an additional 95 employees and eliminating 28 vacant positions in non customer-facing roles. “Like health insurers across the country, BlueCross has seen a sharp rise in claims costs – a trend that started…
