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Blue Cross Blue Shield of Illinois losing 650 jobs
Chicago Tribune ^ | 8/12/09 | Bruce Japsen

Posted on 08/12/2009 11:28:02 AM PDT by Nachum

Preparing for the future under health care reform, the parent of Blue Cross and Blue Shield of Illinois will shed 650 jobs amid the economic downturn that has caused its employer customers to reduce employees and a demand from Congress and President Obama to reduce administrative costs.

Chicago-based Health Care Service Corp, which operates Blue Cross and Blue Shield plans in Illinois, New Mexico, Oklahoma and Texas today confirmed plans to reduce its workforce by about 4 percent across the country. Jobs will be eliminated by the first quarter of 2010.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; News/Current Events; US: Illinois
KEYWORDS: blue; cross; shield

1 posted on 08/12/2009 11:28:02 AM PDT by Nachum
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To: Nachum

That’s right. The FEHBP has Blue Cross Blue Shield and Obama wants to take my HMO Blue away!


2 posted on 08/12/2009 11:42:24 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Nachum

This is only the beginning.......


3 posted on 08/12/2009 11:51:31 AM PDT by Badabing Badablonde (New to the internet? CLICK HERE)
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To: Badabing Badablonde

Tulsa’s BC/BS cut 250 employees.


4 posted on 08/12/2009 11:53:10 AM PDT by Eric in the Ozarks
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To: Nachum

I find it strange and completely offensive that they’re cutting staff under the assumption that health care reform will go through - which it probably won’t. That is, unless their lobbyists are informing them that these townhall protests won’t mean squat at vote-time (like the financial bailout).


5 posted on 08/12/2009 11:57:35 AM PDT by Rutles4Ever (Ubi Petrus, ibi ecclesia, et ubi ecclesia vita eterna!)
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To: Nachum
In the San Francisco area, it is reported the Kaiser Permanate is laying off 1,200 people.
6 posted on 08/12/2009 11:59:56 AM PDT by NY Attitude (Make love not war but be prepared for either.)
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To: Nachum

Kaiser Permanente to cut more than 1,800 jobs in California

The healthcare giant agrees not to cut union members and plans to keep all its physician positions.
By Tiffany Hsu
August 12, 2009
One of the state’s largest employers, healthcare giant Kaiser Permanente, said it would eliminate more than 1,800 positions as it struggles with drooping membership, uncertain healthcare reform and shriveling Medicare reimbursement rates.

http://www.latimes.com/business/la-fi-kaiser12-2009aug12,0,3278978.story?track=rss


7 posted on 08/12/2009 12:38:48 PM PDT by twistedwrench
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To: Eric in the Ozarks
Tulsa’s BC/BS cut 250 employees.

The Tulsa World is reporting it as 200 employees and I just found out my daughter-in-law is one of them. My son also lost his job in June but is actively interviewing so there is some hope. They just bought their home in April so it is a source of much concern here.

8 posted on 08/12/2009 12:43:11 PM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: Rutles4Ever

They’re not cutting because of the threat of the overhaul going through. They’re cutting due to the loss of customers from all the layoffs at companies that bought BCBS plans. It was bound to happen and I’m sure other insurance providers are feeling the pinch as well.


9 posted on 08/13/2009 3:35:27 AM PDT by al_c (Our government is not a spectator sport.)
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