About who HCSC acquires or merges with?
Topics regarding layoffs at HCSC (Health Care Service Corporation)
If you are 55 yrs old and worked there 10+ years, you better think strongly about taking your pension and RUN!!!! The pension benefit will be the first to go, and it could go penny for a dollar. It will not be pro employee. ^ ^ I belong to this... — read more
I often get asked why I don't leave if I'm not feeling well here, insinuating that it is certainly not that bad here, because otherwise I would have left already. No, that’s not true. Just because I’m still here doesn’t mean it’s good. The market... — read more
What would they do if the employees could not work from home? How much do you think is saved on electricity, water, cleaning, security, etc. The little compensation we get for working from.home is nothing compared to what is saved. Year after year... — read more
Several of HCSC's Leadership team are young & inexperienced when it comes to C-Suite strategy. As mentioned in other strings, HCSC's board is probably running the strategy of the company. That's why the leadership team is comprised in the manner it... — read more
Judging from what I've been reading, the new head of HR will bring nothing new to the company. And he certainly is not coming to help us but to protect the company. In other words, just BAU.
Has there been anything new?
Heard from a source that HCSC and Anthem are close to a merger, does that explain the reduction in spending that we have seen this year ? Did any for-profit and non-profit Blues merge in the past ?
This week a lot of the FLIK cafeteria people are being let go.
It was announced not too many days ago that Dan McCoy is out as Texas plan President. What does this mean for people working for the plan? Do any plan employees think they know why he was sent packing?
Why does hcsc laying off all contractors. Is it going to continue laying off employees as well. Is all the layoffs are due to covid or is hcsc loosing business/premiums from the members
On one hand you have people having been let go saying we are top heavy on the other hand you have middle management adding new levels of management. In the past month alone I went from reporting to one manager to three additional mangers, yet I am... — read more
Glad to see the HCSC’s priorities are in order. How is this ethical? https://www.chicagobusiness.com/health-care/blue-cross-bosses-bag-big-bucks Blue Cross bosses bag big bucks Severance pay drove the outgoing CEO's compensation above $31... — read more
I’m curious about what employees think of how the company is responding to the virus outbreak? Have employees been kept informed routinely? Has ther company been proactive? Do employees trust their leadership? Does anyone think the leaders actually... — read more
It is my direct experience that everything now is geared toward keeping leader egos happy. In my department we had a glimmer of hope that our own leadership would help us overcome the leader egotistical b—s— that is rampant in the company and... — read more
What an effing joke! The business plan is just more of the same vague, wordy corporate speak that they always give us. There is no substance or real direction. It’s very disappointing.
The meeting came and went and no plans for mass layoffs by 3/2 like people said. Crazy how conspiracy oriented people are these days. Carry on.
Anthem has a larger membership and is for profit. HCSC reserves dwarf Anthem’s at $19 billion dollars in 2019. Or is Cambia/Regence blue cross on target for a merger?... — read more
What do you think, how will this year pan out for HCSC? How many layoffs will we have?
HCSC workers should unionize. This is ridiculous that no information is shared with the everyday workers. Only the directors and executives get the golden parachutes when they are dismissed. 20,000+ walking out would make our voices heard.
It’s been over 6 months and still no discussion on when they look to have a permanent CEO. Hope this guy isn’t drawing CEO pay and his Board pay since we’re so worried about budget (with 16+ billion in reserves).
I am disgusted by the lack of real communications from anyone in leadership. I know that when there are big events taking place, they cant talk about some things. There are considerations at the national level if the company is merging with a... — read more
Phase 1 Get rid of CEO, CFO and Board President then promotes long time protégé to President, Phase 2 Interim CEO also from Board with track record of reorganizing companies prior to merger/acquisition, Phase 3 trimmed financial/actuarial positions... — read more
Search anthem jobs and then search within the 5 HCSC states. Jobs populate and anthem doesn’t offer blue products in these states. Signs on the wall. You read it here.
The purpose of the layoffs is to reduce the higher paying jobs and those close to retirement in order to hire millennials at less then half the salary. But as we all know, you get what you pay for. A lot of amazing talent is sent packing. Any similar... — read more
What a disaster these layoffs are. Continuity of service was definitely not planned out. Departments have been disassembled and teams reporting to new management that is still kept in the dark on how to move forward. So many unanswered questions and... — read more
Somebody wrote layoffs will continue through February - is this true? And if it is, what exactly does "through" mean? They will stop at the end of January or they will continue through to the end of February? If it's the second one, I'm not sure... — read more
The layoffs ARE at director sr dir and exec dir levels. That's it. Right now no one at lower levels unless they are being terminated for reasons other than needing to thin out the layers on the upper level. I mean if someone is being let go due to... — read more
What is the real reason for these actions?
Axed last year. Please help.
Source below... Chicago-based Blue Cross parent company eliminating 400 jobs The Chicago-based parent company of Blue Cross and Blue Shield of Illinois is eliminating about 400 middle management positions, the company confirmed... — read more