Blue Cross and Blue Shield of North Carolina to slash Jobs

Blue Cross and Blue Shield will cut as many as 90 jobs and outsourcing some to Texas and Philippines. This seem to happen as the Obamacare causes insurance premium cost to go higher! More Americans on unemployment to keep your premiums low. When will people stop losing jobs Obama?

 CEO Brad Wilson has said the company plans to cut its operating costs by 20 percent by 2014 as part of an effort to contain premium cost growth. BCBSNC says it plans to cut between 80 and 90 jobs between January and May of 2011. BCBSNC employs about 4,000 people statewide. SOURCE