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Blue Cross Blue Shield of Michigan makes RenCen move official

The Detroit News, July 30, 2010

Blue Cross Blue Shield of Michigan will move 3,000 workers from Southfield to the General Motors Co. Renaissance Center starting in mid-2011 and aims to complete the relocation by Memorial Day 2012. The move was officially announced this morning by Blue Cross officials at the company's East Lafayette complex just a few blocks away from the RenCen, which had its two smaller towers emblazoned with Blue Cross insignia in honor of the move. "At a time when healthcare costs are straining the resources of our customers, Blue Cross looked for ways to cut costs itself," said Blue Cross CEO/President Daniel Loepp at Thursday's press conference. The relocation saves Blue Cross $30 million in long-term real estate costs, Leopp said, and creates a single campus for its southeast Michigan workforce. "It wil also significantly improve our operational flexibility , which is necessary as we continue to respond to national health care reform," Loepp said.