The conservative blogsphere has been abuzz with this story: Assurant Health is eliminating 130 jobs at its offices in Milwaukee and Plymouth, Minn., by Oct. 1 as the health insurer prepares for changes under federal health care reform.
The company, which sells health insurance for individuals and small employers as well as short-term policies, faces an onslaught of new federal health care reform regulations, including the requirement that it spend 80% of premiums on medical care.
"While it always is a tough decision to eliminate jobs, the health insurance industry is undergoing unprecedented change that requires our company to adapt and transform," Don Hamm, president and chief executive officer of Assurant Health, said in a news release.
http://www.jsonline.com/business/101101889.html
This going to be going on all across the country. No wonder our our unemployment numbers suck.
And Harry Reid, Dina Titus and Shelly Berkley any comments?
At the Prairie Café...
10 hours ago
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