HealthMarkets, an insurer, has done a layoff of 220 employees out of the 1,700 that they had. This company has a laundry list of problems recently that one might venture to be of the opinion that they are terminal.
Health sector has seen some recent news in medical school and hospital layoffs. Insurers are in a money game in addition to the healthcare environment. Financials are more problematic, so expect to see insurers continued to be bailed out or cease existence.
HealthMarkets is based in North Richland Hills, Texas.
Related:
Beaumont is Sick: Beaumont Hospitals Lays off 500
Mediiiiic! UTMB Bleeds Out
Erosion at BlackRock: Jobs to be Lost
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