Bright Health Tells State 68 More Layoffs to Come

Bright Health Tells State 68 More Layoffs to Come

The notice comes less than a month after 99 employees at the company's Bloomington headquarters were laid off on Jan 7.

Another round of layoffs is coming to Bright Health Group’s Bloomington headquarters.

A Wednesday WARN notice filed with the Minnesota Department of Employment and Economic Development shows Bright Health Group will eliminate 68 positions at its Minnesota office. Layoffs will go into effect on April 1. The affected employees have been notified, according to the notice.

This is the company’s second announced round of layoffs in the last few months. In November, the company announced it would lay off 99 employees at its Bloomington effective Jan. 7. 

All of this has followed the company’s drastic withdrawal from multiple health insurance markets. 

At the start of this year, Bright Health exited the Affordable Care Act markets in Alabama, Arizona, Colorado, Florida, Georgia, Nebraska, North Carolina, Texas, Tennessee, Illinois, New Mexico, Oklahoma, South Carolina, Utah, and Virginia. The company’s only remaining offerings are Medicare Advantage plans in California, as well as a small network of primary care clinics.

In a statement sent to TCB, Bright said the layoffs are due to its 2023 focus to deliver “value-driven health care to the aging and underserved populations.”

“Unfortunately, the elimination of these products has affected staffing at all levels across the organization. There has been internal team restructuring, including reductions in personnel, across offices and the markets we serve,” the company’s statement reads.

“The individuals impacted by these decisions have contributed significantly to the company and have been great partners to their colleagues. Bright is thankful for all they have done,” the statement continued. “Plans are in place to strongly support those leaving the organization as they seek new opportunities in Minnesota, and elsewhere.”

The company has said it is now strictly focusing on its largest markets. It will continue to operate primary care clinics in California, Texas, and Florida, which make up 26% of the nation’s aging population. This change follows a continued shift by the company away from health insurance and toward direct care clinic offerings.