North Carolina’s largest health insurer says it plans to lay off about 90 people as part of cost-cutting moves to prepare for the new federal health care law.
The News & Observer reports Friday that Blue Cross and Blue Shield of North Carolina will contract with Dallas-based Sourcecorp for some data entry work. The jobs will be handled by its employees in the Philippines as well as North Carolina.
Blue Cross officials say it will lay off 80 to 90 people by next May. They say the move will save roughly $2 million a year. The company employs more than 4,000 and insures 3.7 million.
The company wants to cut its total operating costs by 20 percent, or $200 million, by 2014. That’s when much of the federal health care law takes effect.
Topics Carriers Talent North Carolina
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