Canton, Massachusetts-based Point32Health, a nonprofit provider of health plans, including commercial, Medicaid, Medicare, and Exchange HMO options, has confirmed a 6.7% reduction in force as prescription and medical care costs continue to outpace reimbursements.
The personnel realignment impacted 254 employees. This is the second round of layoffs, following 110 employee layoffs in March 2025.
According to newly installed CEO Patrick Gilligan, “Our members are at the center of everything we do, and it is critical that we address costs within our control. As responsible stewards of our members’ health care dollars, we will continue to manage our administrative costs as effectively as possible as we navigate the ongoing industry challenges."
"The one thing we should all agree on is health care is too expensive. I’ve worked on both sides, been on the providers and health plan side, and have worked to be collaborative. But with the tension and focus of COVID and post-COVID, the sides have gone to their corners. Providers are saying it’s the health plans’ fault, and health plans saying it’s the providers’ fault. We have to figure out better ways to address this.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?
