A memo from the CEO of Michigan's largest health insurance company says they want to cut $285 million in costs this year.

(CBS DETROIT) — Blue Cross Blue Shield of Michigan is offering employee buyouts as the insurance company looks to reduce administrative costs. According to the Blue Cross, the company has opened ...

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Blue Cross Blue Shield of Michigan is offering buyouts to ... Blue Cross had a total nationwide employee headcount of 12,500, including its subsidiary companies, a spokesperson previously said.

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Blue Cross Blue Shield of Michigan is offering buyouts to eligible employees as it copes with financial strain from rising prescription drug prices. Nonunion employees have until the end of the ...

Blue Cross Blue Shield of Michigan is offering some employees, including 700 eligible to retire this year, a buyout option. The insurer said it wants to reduce administrative costs by $600 million ...