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Job cuts at health insurance provider

24th February 2014

Deteriorating market conditions means Germany's largest statutory health insurance provider, Barmer GEK, is slashing 3,500 jobs.

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Chief executive, Christoph Straub, has said Barmer plan to cut back on the number of customer-facing offices and build up online and phone services as more people use the telephone or internet to take care of their business.

Barmer's goal is to cut its annual costs by between 250 million euros ($344m) and 300 million euros.


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