Urbana-based Carle Health to lay off 612 workers, as it winds down its insurance companies
Carle plans to “reduce staff on a rolling basis to maintain full support of member services throughout the remainder of 2025,” a spokesperson said Monday. The first of the layoffs is scheduled to begin
Earlier this year, Carle explained its plan to wind down its health insurance subsidiaries in a news release, saying the health insurance industry has changed dramatically in recent years, especially for insurance companies owned by health care providers.
“Because of this, health plans, like
Specifically, Carle’s health insurance subsidiaries have struggled with medical inflation, rising prescription drug costs, more patients with chronic conditions and changing technologies, among other challenges, according to the release.
Though
“We recognize that in today’s health insurance environment, our health plans no longer successfully compete and
In
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