Layoffs percentages are high and have always been since the failed merger. Humana built an army to drum up a big sale and it failed. Humana tried to make dollars, profits, and numbers look great for anyone wishing to buy based on the cooked books. Getting these numbers up. Phone calls, care visits, etc. this has been scaled back with massive layoffs over and over again. You have to return money to investors so what’s really not needed will be eliminated in a process that they define. Protect yourself. Update resumes. Review salary info, retirement deposits/matches, sick days, vacation days. reducing costs is the business plan. You and everything that is carried with it is a cost. Protect yourself. You will understand more in time.
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Healthcare services were down in 3rd quarter. 4th quarter to be released on 2/6. Day of townhall meeting. We've already been told ROI down.
Government subsidies from the ACA and fee for service have made insurance & healthcare in general very lucrative.
Poster your absolutely correct. I said this in 2017 when layoffs started.