Blue Cross and Blue Shield of North Carolina, the state's largest health insurer, will lay off 80 to 90 people as part of its corporate strategy to cut operating costs.
The nonprofit company said it'll outsource some data entry work to the Philippines and to a contracting firm in North Carolina. The in-house jobs will be eliminated by May 2011, and the laid-off workers will receive severance pay and health benefits for a period of time.
Blue Cross said the move will save $1.6 million to $2.1 million a year. The company, which insures 3.7 million people and employs more than 4,000, plans to reduce its overall operating costs by 20 percent by 2014.