MVP to cut 100 positions throughout state - NEWS10 ABC: Albany, New York News, Weather, Sports

MVP to cut 100 positions throughout state

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SCHENECTADY, N.Y. -- MVP Health Care announced today that it is eliminating approximately 100 positions across the state.

The company says the cuts are part of an ongoing effort to improve efficiency, and to retain its ability to provide excellent and affordable health coverage in the wake of health care reform. MVP expects to eliminate positions in the next few days through attrition and some layoffs, and by leaving some job vacancies unfilled.

"We have to keep our health plans affordable in a very competitive marketplace. The health insurance industry is going through a time of unprecedented change, and we need a streamlined and nimble organization to stay ahead of the curve," explained Denise Gonick, President and CEO of MVP."Still, knowing the reality of the situation doesn't make it any easier to say goodbye to the people who will be affected by this restructuring."

Affected employees will receive severance pay and benefits. Employees will be encouraged to apply for other positions within MVP, and the organization has engaged the national firm Lee Hecht Harrison to provide outplacement assistance. MVP employs 1,500 people, most of who work at the company's main office in Schenectady or at its Rochester, NY site.

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