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Blue Cross & Blue Shield of Rhode Island has reported a net loss of $115 million for 2024 - nearly 20% increase in health care costs over the past 18 months

Summary by thepublicsradio.org
Blue Cross & Blue Shield of Rhode Island has announced plans to reduce its workforce by 3% amid reports of ongoing operating losses. The job cuts will impact about 30 of its 946 full-time equivalent employees in Rhode Island, the company said in a statement released earlier this week. The jobs cuts’ primary “focus” is […] The post Blue Cross & Blue Shield of R.I. reports job cuts and operating losses appeared first on TPR: The Public's Radio.
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GoLocalProv broke the news in on Thursday, March 6, 2025.
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