Health insurance unit in Green Bay plans layoffs - WAOW - Newsline 9, Wausau News, Weather, Sports

Health insurance unit in Green Bay plans layoffs

 

MADISON (AP) -- Health insurer WellPoint Inc. has advised the state that it plans to close an operating unit in the Green Bay area, which will result in 111 layoffs.

 

The state Department of Workforce Development says Friday that the first layoffs are scheduled to begin in April, with more in May and January 2011.

The department says it will move to help the affected employees of the WellPoint subsidiary, Anthem Blue Cross/Blue Shield.

WellPoint, Aetna, UnitedHealth Group and other insurers said Friday that they expect 2010 operating earnings to sink from 2009, which was already a difficult year as companies cut jobs and reduced the number of people covered by private health insurance.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

 

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