Health insurance Unit Plans Layoff
Submitted by Rajesh Mehta on Sat, 02/06/2010 - 17:46
Health insurer WellPoint Inc. will eliminate 111 claims-processing jobs in Green Bay. The state Department of Workforce Development says that the job cuts are expected to begin in early April and be completed by the end of June.
The department will move the work to help the affected employees of the WellPoint subsidiary, Anthem Blue Cross/Blue Shield. WellPoint Inc. spokesman Scott Larrivee said that Wellpoint Inc. is moving the work to Indianapolis in an effort to lower overall administrative costs.
WellPoint, Aetna, UnitedHealth Group and other insurers expect 2010 operating earnings to sink from 2009 as companies cut jobs and reduce the number of people covered by private health insurance.
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