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Horizon BCBSNJ to lay off hundreds of workers

By NJ Spotlight News  
   January 30, 2026

New Jersey's largest health insurance provide made a pair of moves this week which will affect both workers and patients statewide. Horizon Blue Cross Blue Shield of New Jersey announced plans to cut 242 jobs by late April, laying off nearly 5% of its U.S. workforce. All impacted Horizon employees were notified this week, including workers at both the Newark and Hopewell headquarters. The cuts follow a recent $100 million settlement with the state over alleged over-billing — a situation in which Horizon denied any wrongdoing. Horizon spokesperson Thomas Wilson said rising medical costs and higher usage across the company’s plans, saying the company has already cut $275 million of expenses but still needs to restructure.

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