I've worked with a few of the CA teams recently. Very nice people, this comes as a big shock to them. And this looks to be a roadmap of what's to come for other health plans. One day you come into work and find out that in 6 months, your jobs and your team will be mostly gone. I feel badly for them, it's tough to find a job with so many companies having their own layoffs with AI, automation and outsourcing. I wish everyone well. Sad times.
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This has been coming for a while and frankly, our commercial business was such a small part of the portfolio. This is a nothingburger.
@a2 All CA HN associates received an email today from Eric Schmacker, Health Net Plan President & CEO - It's all commercial plans, small and large business. According to the email, it does not affect marketplace - Centene is basically focusing on government run programs. It will also affect HN Oregon commercial business. The email included a link to an FAQ that outlined that there would be more layoffs as the business winds down.
Weekend everyday for all Health Net associates!!!
Bye Health Net
Just had a meeting with our upper management. It’s true. We are exiting OR and CA commercial group business. Announcement from CA market CEO confirmed.
@a3 “BLESS YOUR HEART!” you southern witch!
@a2 bless your heart
Is there a source for this? I assume you mean Marketplace plans, which wouldn’t be surprising considering the absolute bloodbath every insurer is currently taking in that sector thanks to the current administration.