This Week
  • Small-business lending plays an increasingly important role here.

  • Business programs at local colleges and universities work ethics into the curriculum.

  • Under President and CEO Robert Schick, Lyons National Bank approaches a key milestone.

  • As a financial adviser for Northwestern Mutual, James Farley thrives on connecting with clients.

  • A.E.Y. Enterprises Inc.'s game plan going forward is to continue to improve efficiencies.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

MVP Healthcare to eliminate 100 positions

Rochester Business Journal
February 28, 2014

MVP Healthcare plans to eliminate 100 positions, MVP officials said Friday.

The company intends to notify affected employees over the next few days. Job eliminations would be made by attrition and leaving unfilled positions vacant wherever possible, CEO Denise Gonick said. 

With a total staff of some 1,500, MVP employs some 590 in Rochester, the company’s largest concentration of workers outside of its Schenectady home base. MVP is the Rochester area’s second-largest health insurer. The region accounts for nearly 200,000 of its 600,000 New York enrollees.

While job cuts are regrettable, the pressures of a changing marketplace as greater numbers of enrollees seek coverage individually in the state’s insurance exchange mean the company has to pare operations, Gonick said. 

“We have to keep our health plans affordable in a very competitive marketplace,” Gonick said. “The health insurance industry is going through a time of unprecedented change, and we need a streamlined and nimble organization to stay ahead of the curve.”
    
(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 



What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google