Cigna subsidiary lays off 60 employees

A Cigna unit laid off 60 employees after exiting two Illinois Medicaid managed care programs this year, a Cigna spokesperson told Becker's Hospital Review.

The unit, Cigna-HealthSpring, did not rebid for a new contract to manage Medicaid coverage in the state. Illinois Republican Gov. Bruce Rauner overhauled the state's managed care program Jan. 1 to expand it and reduce the number of participating insurers.

Nationwide, Cigna-HealthSpring cut 200 positions affiliated with its Illinois Medicaid business. However, the majority of employees found jobs within the company or at other organizations, Doug Bennett Jr., business communications manager at Cigna, said.

More articles on payer issues:
Centene adds 1.4M members during open enrollment 2018
Some states may lose CHIP funding by Jan. 19
Michigan to pilot data-sharing program among Medicaid managed care plans

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Top 40 articles from the past 6 months