Thread regarding HCSC (Health Care Service Corporation) layoffs

These are 2024 numbers. Where are 2025 numbers?
I think this is an older article

I have worked for HCSC for many years and I can tell you that while the mission statement is to stand by our members in sickness and in health -- the only ones the company stands by as far as the bottom line is concerned is upper management and the CEO who make the real money (The INNER CIRCLE). The rest of us had our already meager March bonuses cut in half last year and sadly it looks like more of the same will happen this year. The ACA did nothing to prevent this abuse from continuing. We need true reform in the healthcare industry that will put definite caps on how much upper management can make in relation to the mid and lower level employees.

I have worked at HCSC for nearly

@bh this is a really intriguing prediction and would not be surprised.

@g7 Or like Kate Winslet when she mu---red Leonardo DiCaprio by pushing him off that massive door that he totally could have also laid on.

@bx what is happening seems to be like the Captain of the Ship taking all of the wealth from others on the Ship and then leaving on a life boat and watching it sink.

@bh your prediction seems spot on. The thing that gets me is I am sure the consultant who built this cost saving plan and the board that built his pay package had some 5 yr plan why this makes sense. We know that when the plan fails, much sooner than 5 years, which it likely will, and Maurice the multi-millionaire gets "fired" those bonuses won't be clawed back. It is all legal but feels immoral and unethical.

@OP incredible timing of this article...prediction - layoffs and Maurice steps aside as CEO, BUT remains the Chairman of the Board and installs a puppet CEO. Gravy train keeps on rolling with the appearance of changing CEO when there has to be layoffs.

I was looking at a CNBC news documentary about claims denials (You can look at this in YouTube btw), and at the beginning of the documentary, they show a poor girl suffering from ALS on a ventilator that was denied medication by a Health insurance company. The president of the ALS association, or something like that had to intervene to get this girl medication. Care to know which company denied the medication? If your guess is BCBSTX, then you are 1,000% correct. This is our business folks, basically a semi legalized racket that adds zero value to society. The fact that executives get massive compensations while we denied care and underwhelm workers is shameful. We have lost all of our values. We no longer talk about standing by our members. The only values we have is that as long as the top leadership gets massive salaries and they get reshuffled at the top then everything is well. This is our reality.

I'm not shocked by this at all. We know he's been a lazy, greedy leader. This just proves they don't give a single thiught about anyone who isn't Sr. LEADERSHIP. If everyone saw this article, I'd be surprised if a number of people don't start phoning it in.

They didn't even mention the layoffs. And to heck with Milt0n for doing absolutely NOTHING. They'd be fired in a real company.

@OP Looks like HCSC is being run and managed like the City of Chicago...

Next time they tell you that being understaffed and overworked is just the way it is now because of budget restrictions...just remember that those restrictions apparently don't apply to everyone.

So many mixed messages and disconnects - makes more sense why his messaging continues to be everything is great. It is - from his vantage point. Meanwhile, layoffs, buyouts, ageing infrastructure and tech, burning up leaders and workers, volatile health care environment -- i want to see the captain of our ship dealing with embers and low water pressure from the fires side by side with all the workers. This article shows how tone deaf the board is to the real challenges going on.