Michigan's largest commercial health insurer had to lean on its investment returns to compensate for a -2.3% operating margin ...

To combat rising costs, BCBSM installed a multi-year cost-cutting initiative to slice $600 million off its total spend, which has resulted in hundreds of job losses at the insurer. A total of 1,300 ...

The former top executive at Blue Cross Blue Shield of Michigan saw a pay cut in his final year before retirement as the health insurance company experienced its biggest underwriting loss in at least a ...

Blue Cross Blue Shield of Michigan said Monday it narrowed its red ink in 2025, reporting an operating loss of $975.5 million as the insurer paid $2.6 billion more for medical and pharmacy claims ...

Add Yahoo as a preferred source to see more of our stories on Google. Blue Cross Blue Shield of Rhode Island announced it is ending a discounted Medicare Advantage plan available to 275 company ...

Hundreds of open and filled positions have been eliminated at Blue Cross Blue Shield of Michigan, adding to the over 500 employees who had already accepted a Voluntary Separation Offer. This latest ...