“Wow, I didn’t expect this,” Kerry Drake with Cadence Insurance recalls thinking. Company officials say the deal will not spur layoffs or office closures, and CEO Steven Udvarhelyi says he expects to maintain current employment levels for at least the first two years. ![]() He’s also concerned that some of Blue Cross’ 3,000 or so Louisiana employees will be let go in the name of efficiency. “My fear for the fully insured business is that those rates will ultimately go up,” Stafford says. But there are concerns about moving from Blue Cross, a nonprofit, to a publicly traded for-profit company that has to worry about its stock price.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |