Losses are up significantly since 2014, when Premera reported a $3.3 million loss on individual marketplaces. Earlier this month, Premera said it will stop selling individual plans under the Premera name and its subsidiary, Lifewise, in 12 counties in Washington, as it scrambles to offset financial deficits.
The insurer confirmed it has laid off about 165 employees since last November in a strategic restructuring of the organization.
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