Blue Cross on path to cut expenses by $300 million by 2019.

BLUE Cross Blue Shield of Michigan Mutual Insurance Co.; OVERHEAD costs; LOEPP, Dan; STRATEGIC planning; PATIENT Protection & Affordable Care Act

The article reports that Blue Cross Blue Shield of Michigan sought to reduce its overhead spending by 300 million dollars as of 2019. Topics discussed include a memo issued by its chief executive Dan Loepp revealed the spending cut as part of a 3-year strategic business transformation plan in November 2015, creation of an internal work group for making emergency plans in case of congressional actions to the Affordable Care Act, and 7,900 employees in the Blue Cross workforce as of 2015.