Kaiser Permanente Colorado, the state's largest insurer, has notified nearly 200 employees that they are being laid off, according to NBC-affiliate TV station KUSA.
The layoffs come about four months after Kaiser revealed losses of $65 million over three years and blamed the financial problems on rising hospital prices.
The reductions "will not impact the high quality of care and service we provide our members," Kaiser spokesperson Amy Whited said in a prepared statement obtained by KUSA.
"We value all of our employees and their service to our organization, and we never take decisions like this lightly," she said.
"We are committed to following our obligations to all impacted employees who are part of our workforce. In addition, we are providing tools and assistance to employees who are affected by these changes, to help them find other employment, as well as severance payments and other benefits."
Kaiser also announced about 200 layoffs in November.
According to KUSA, Kaiser has more than 8,000 workers in Colorado.
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