Wellmark is blaming federal regulations for a decision to close a Sioux City office.
Wednesday morning, Wellmark, Inc. announced it will close its First Administrators facility.
The company provides sales, operations, and customer service for Wellmark Blue Cross & Blue Shield policy holders.
The closure will take place at the end of the year. The majority of the 117 jobs will be moved to Des Moines.
Wellmark says the decision to close is because of an increasing number of federal mandates and the rising costs associated with the changes.
Just last year Sioux City honored the company with a growing Sioux City award for adding 30-new jobs.