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Worcester health insurer lays off 62 workers

November 8, 2013

WORCESTER, Mass. (AP) — A Worcester-based health insurance provider has announced that it is laying off 62 workers, or about 6 percent of its total workforce.

Fallon Community Health Plan President and Chief Executive Patrick Hughes said in a written statement Thursday that the insurer made the cuts to operate as efficiently and effectively as possible.

The Telegram & Gazette (http://bit.ly/1bcPjQD ) reports that the statement said the decision was made “following a very careful review of our current and projected costs.”

Fallon continues to employ about 1,060 workers.

The health insurer posted net income of $7.3 million during the second quarter ended June 30. At that time, it had 229,385 members.

Fallon reported that workers affected by cuts are receiving severance and job placement services.

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Information from: Telegram & Gazette (Worcester, Mass.), http://www.telegram.com

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