Articles

Q&A

Muhammad Yasin began heading up social media marketing at Indianapolis-based HCC Medical Insurance Services LLC in early 2011. The company, which sells travel insurance and short-term medical insurance online, credits his work with tripling overall revenue in 2011 to more than $60 million and growing even more this year. Yasin, along with a steady stream of interns, manages nearly 50 social media accounts on Facebook, Twitter, Pinterest and YouTube, and has about 400,000 total followers. Collectively, HCC’s social media team produces 2,000 pieces of “content” every month—even though it operates in a highly regulated industry.

Read More

Report: WellPoint dominates Indiana markets

WellPoint Inc. holds an overwhelming share of the commercial health insurance market in 13 of Indiana’s 14 largest metros, according to a controversial new study by the American Medical Association.

Read More

Analyst: Lilly solid even without pipeline

While Eli Lilly and Co.’s stock price is up 16 percent in the past four months, a new analyst covering the company thinks it has more room to grow. And that’s even without launching a new Alzheimer’s drug anytime soon.

Read More

About one in 10 employers plans to drop coverage

Even as the rising cost of medical benefits has moderated, 11 percent of Indiana employers with 10 or more workers say they will terminate their medical coverage within five years, according to the latest survey from the benefits consulting firm Mercer. The Indiana data from Mercer is not statistically significant because the firm surveyed only […]

Read More

Bankrupt Omnicity acquired for $876,000 by four investors

The deal, approved last month by the U.S. Bankruptcy Court in Indianapolis, gives the investors, whose company is called Broadband Networks Inc., Omnicity’s 38-person operation, based in Rushville, as well as its 270 Internet towers around Indiana and Ohio.

Read More

Illinois company to hire 50 in Indy for Medicaid drug contract

Catamaran Corp. will add 50 jobs in Indianapolis over the next year to help it provide pharmacy-benefit-management services to the Indiana Medicaid program. The Illinois-based company will open an office downtown Tuesday to kick off its six-year, $60 million contract with the state.

Read More

About 1 in 10 firms plans to drop coverage

Even as the rising cost of medical benefits has moderated, 11 percent of Indiana employers with 10 or more workers say they will terminate their medical coverage within the next five years, according to the latest survey from the benefits consulting firm Mercer.

Read More

Bennett applies to be Florida schools chief

After losing re-election in Indiana, state schools chief Tony Bennett has applied to be Florida’s commissioner of education, according to a statement released by his office Monday morning.

Read More

Fairbanks to expand using United Way grant

Fairbanks, an addiction treatment center in the Castleton area, will receive $1 million from the United Way of Central Indiana to help it expand its current facilities. Fairbanks runs an 86-bed hospital as well as an outpatient center for patients trying to recover from drug and alcohol addictions. Last year, its 300-person staff served more […]

Read More

Anthem rolling out 401(k)-style medical benefits

Anthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.

Read More

Medicaid expansion could cost $54M a year

A new set of projections released Monday estimates that expanding Medicaid coverage as called for in President Obama’s 2010 health reform law would cost the state government less than $54 million per year on average over the next decade—far lower than projections issued by the actuarial firm hired by Indiana Gov. Mitch Daniels’ administration.

Read More