Blue Cross of Michigan wants to cut up to 1,000 jobs, raise rates

Detroit Free Press, January 20, 2009
Facing what it says could be losses of more than $1 billion through 2011, Blue Cross Blue Shield of Michigan said it will cut as many as 1,000 jobs and seek state approval to raise rates on its individual health insurance products. The average rate hikes to be sought by Blue Cross are 55% for nongroup plans; 32% for Medicare Supplemental, or Medigap, products, and 42% for those with group conversion plans that carry over prior workplace coverage.

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2014 a division of BLR All rights reserved.