Downsizing in Clear One Health Plans
Some employees and members of Clear One may be anxious due to a statement made by the company’s President and Chief Executive Officer Patricia Gibford. He announced that the company planned to realign its workforce as well as further streamline its operations, due to the current depressed economy. Clear One Health Plans, Inc. now covers a wide range of businesses, focusing on health plans catering employers, providers as well as consumers.
Through out the West, Clear One Health Plans provides a couple of health insurance types to individual customers or companies, such as Medicare Advantage plans, commercial plans, individual plans and administrative services. Other groups of people such as self-funded employers, associations, Taft-Hartley Trusts and Chamber of Commerce can also get appropriate programs from Clear One Health Plans, including life, disability, dental, vision and voluntary benefits programs. Moreover, Clear One also pays much attention to promote benefits programs, health insurance and ancillary plans for community-based employees.
The great firm is now under the influence of the depressed global economy. It is the weaker market conditions that force Clear One officials to make such a decision. Membership of Clear One has been significantly decreased resulted from the economic situation.
This decrease in membership directly led to the decision of staff reduction made by the management team of Clear One. According to Patricia Gibford, the implementation of staff reduction is the most effective way to deal with the current situation of the company.
It is true that staff reduction is difficult to implement in any company. Clear One has long been promoting and maintaining its members’ peace and confidence in the company’s health care coverage. Top officials in Clear One believe that staff reduction under such an economic situation is essential to improve the company’s operational efficiency as well as maintain its financial strength.
In detail, the staff reduction plan will cut off about 25 positions throughout the company, focusing on non-customer services roles. However, both management and executive staff will be affected. This plan will finish by December 31, 2009.