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From: peppe51	1/16/2009 9:00:02 AM
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1500...WellPoint says it will cut 1,500 jobs The Associated Press Health insurer WellPoint Inc. said Friday it will cut about 1,500 jobs to reduce costs as it copes with the U.S. recession. The Indianapolis-based insurer will eliminate about 3.5 percent of its staff, which currently totals more than 42,000. More than 900 open positions and 600 associate jobs are being eliminated. Rising unemployment is affecting health insurers because their employer customers have fewer workers to cover. WellPoint did not estimate how much it will save from the job cuts but said it will take a one-time charge of $24 million in the fourth quarter. kansascity.com

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