AM I NEXT? NO LOVE AT BLUE CROSS OF IDAHO

Meridian, Idaho-based Blue Cross of Idaho, a not-for-profit mutual health insurance holding company, has announced a reduction in force following the loss of an Idaho Department of Health and Welfare dual-eligible Medicare/Medicaid program contract to UnitedHealthcare and Molina Healthcare.

The contractual catastrophe will impact 135 employees, with separation scheduled for the contract to end in June 2025.

According to a company spokesperson, “Unfortunately, the loss of this program will require us to reduce our workforce, specifically the 135 employees directly related to the care of the dual population. This is a decision no one at the company takes lightly and is in no way a reflection of the quality of work and care accomplished by these employees. They have and will continue to support the duals members with dedication and compassion in the wake of the state's decision."

“This workforce action comes down to the need to ensure that Blue Cross of Idaho continues to be a financially sustainable company, given the loss of this line of business and the resulting changes in membership and revenue.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT GETINSURED

Mountain View, California-based GetInsured, a financial technology company offering a cloud-based health insurance exchange platform to facilitate health insurance shopping, has announced a reduction in its companywide workforce.

The personnel restructuring will impact 430 employees commencing on February 19, 2025.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT INDEPENDENCE BLUE CROSS

Philadelphia, Pennsylvania-based Independence Blue Cross, an independent healthcare licensee of the Blue Cross and Blue Shield Association, has announced a restructuring and cost reduction initiative including a 3% reduction in force.

The reduction will impact approximately 130 employees.

CEO Gregory Deavens notes, “In response to rapid changes in market conditions and industry dynamics, we are undertaking a careful redesign of our organization. To effectively address the evolving needs of our customers and recent market trends, we are transforming our organization structure to better position us for the future. Cost pressures and an increasingly competitive environment have caused many health-care companies to announce structural or other changes to their organizations and cost structures.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?