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

Health insurance provider Blue Cross Blue Shield of Michigan is offering buyouts to some employees in an effort to trim costs.

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The health care executive, who became the first Black man to lead the company, is stepping down after four years at the helm.

New fees for claims appeals, paperwork rules for testing and time limits for certain services are novel ways to constrain spending that have providers fuming.

To corral costs, Keith is leading a new initiative at BCBSM called Blue Cross Accelerated that aims to cut $600 million in administrative costs.

Blue Cross Blue Shield of Michigan in Detroit has expanded its partnership with Homeward, a rural health care platform, that ...

The healthcare company is offering the voluntary separation in an effort to cut $600 million in administrative costs.

Blue Cross Blue Shield of Michigan is offering buyouts to its nonunion employees as the health insurer tries to cut $285 million in administrative expenses this year, according to a memo from The ...