While confirming the layoffs, the health insurer said it's looking to cut $285 million in administrative costs this year.

Blue Cross Blue Shield (BCBS) Medicare Supplement insurance plans are a good option because they generally provide quality coverage at an average cost. You can buy any Medigap plan from Blue Cross ...

The insurance provider set a goal in 2024 of cutting $600 million in administrative expenses over the next three years.

Holding product mix constant, Blue Cross Blue Shield Plans’ per member costs grew by 4.0% in 2024 compared with 5.6% in 2023 and 8.7% in 2022. The growth in Medicare Advantage and decline in Medicaid ...

In addition to requests for double-digit premium increases, Blue Cross Blue Shield of Vermont is also cutting back on coverage of popular weight-loss drugs on some plans.

Anthem Blue Cross Blue Shield and Boone Health announced a new four-year contract agreement Wednesday. The agreement will ...