Indiana says insurers can’t reinstate canceled policies
The state insurance department said Wednesday morning that to do so would “create logistical chaos” and “destabilize” Indiana’s individual health insurance market.
J.K. Wall
Articles
Pence asks to meet with Sebelius over HIP expansion
Pence wants to expand Medicaid coverage using some form of the Healthy Indiana Plan, which currently provides insurance to about 40,000 Hoosiers who agree to make monthly contributions to health savings accounts. The Obama administration has questioned that feature of the program.
Biosciences institute hits $25M fundraising goal
The proposed Indiana Biosciences Research Institute, backed by Eli Lilly, Roche Diagnostics and other life sciences companies, now has $50 million in start-up funds and has started recruiting a CEO.
Hospitals suffer third-quarter swoon
Indiana University Health and Franciscan Alliance saw key parts of their businesses deteriorate sharply, according to new financial reports released by the hospital systems, causing each to slash more than 900 positions.
Health care has priced itself out of its own market
It’s no secret the growth of the U.S. economy slowed in the 2000s after the go-go decade preceding it. But the U.S. health care system—hospitals, doctors, drug companies, device makers and health insurers—apparently didn’t get that memo.
Obama’s telling the same kind of fib he did before
The Affordable Care Act was designed to restructure the individual insurance market into a true insurance risk pool. President Obama should stop pretending those changes won’t affect everyone in the individual market, whether they want it to or not.
Study: IU, Purdue rank best in return on investment
Big budgets used to rule in college rankings. But that could be changing. A new report from the Indiana Commission for Higher Education is the latest effort among several nationally to score universities on their bang for the buck.
Trump says she’s willing to make up with Menard
Donald Trump’s wife testified Thursday that she would still promote her “Melania” line of skin care products if only the company that makes them, which is controlled by hardware mogul John Menard, would honor its contract with her.
Hilbert says Menard has ‘picked on the wrong people’
Both in and out of court Wednesday afternoon, Steve Hilbert was calm but defiant about the allegations made by hardware store owner John Menard against him, describing them as “totally personal” and a “vendetta.”
Menard lawyers question Trump’s value as spokeswoman
Attorneys for John Menard questioned how valuable Melania Trump actually is as a celebrity spokeswoman during an ongoing trial over a skincare marketing deal gone sour.
Menard-Trump trial lays bare celeb-endorsement business
Testimony in the first day of a trial over a contract dispute between Melania Trump, John Menard and Steve Hilbert also involved former Miss America Katie Stam, the Kardashian sisters and the former manager of the Menards store in Avon.
Lilly pledges up to $1.8B to Pfizer for access to potential blockbuster
Eli Lilly and Co. and Pfizer Inc., which are both suffering through some of the largest patent cliffs in the industry, will split any future costs and profits of an osteoarthritis drug that has stalled in clinical testing.
Pence’s Obamacare angst may cost state
Even though Obamacare will raise various taxes to subsidize the cost of expanding health insurance coverage, Indiana might say no to all its new funding, to the tune of $1.2 billion per year. That also means the state would say no to a reduction by more than half of the 810,000 Hoosiers that go without health insurance for a time each year.
Anderson University cuts staff, majors as enrollment drops
After suffering a 7-percent dip in enrollment, Anderson University, a Christian liberal arts college, plans to cut 4 percent of its workforce.
State: It’ll be Christmas before we can talk to Obamacare website
Indiana officials don’t expect HealthCare.gov to be able to share individual account information with the state’s Medicaid computer systems until the end of the year.
With Obamacare, insurers will still find ways to avoid risk
Obamacare put an end to health insurers’ worst methods for avoiding risk. But that doesn’t mean insurers have ended their risk-shifting ways. Not at all.
The bill for Hoosiers’ excess health care spending: About $5 billion per year
Hoosiers’ poor health, combined with an aggressive health care system and an uncompetitive health insurance sector, means Hoosiers, in spite of the fact that they earn just 86 cents for every dollar earned by the average American, are spending nearly $1.13 on health care for every dollar spent by Americans.
‘Zero-premium’ insurance could leave hospitals hurting
So-called “zero-premium plans” are priced in such a way that their premiums would be no greater than the federal tax subsidies that low-income buyers could claim.
The frightening future that’s haunting hospitals
Why are Indiana’s hospitals cutting jobs. Because they’re spooked about cuts to Medicare payments. They should be.
Purdue makes big push into state’s pharma industry
With a $60 million-plus investment, the university aims to take molecules from discovery to clinical trials.