Indiana Public worker, teacher funds have lost $8B in 15 months
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive director and board. And they’ll need only one tourniquet to stem their bleeding. Over the last 15 months, the Public Employees’ Retirement Fund and Indiana State Teachers’ Retirement Fund have hemorrhaged a combined $8 billion. […]
Shoring up the state’s jobless-fund shortfall likely will cost employers and employees more.
Christel House Academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, with classes starting in the 2010-2011 school year.
When Stacie Floyd enrolled her daughter Kyli in kindergarten at Christel House Academy, she hoped Kyli would be able to earn a high school diploma there. Now, six years later, Floyd will get her wish. The academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, […]
First the good news about Indiana’s insolvent Unemployment Insurance Trust Fund: As part of its $787 billion stimulus, the federal government has just agreed to stop charging interest on its loans to pay benefits to the jobless. President Obama’s package allows Indiana to continue zero-percent borrowing for unemployment insurance through 2010, a provision that will […]
Indianapolis-based WellPoint Inc. has agreed to pay $10 million to settle a New York probe into how the health insurer reimbursed customers for out-of-network services. WellPoint also agreed to stop using the Ingenix database of reimbursement rates that New York Attorney General Andrew Cuomo has called “defective and manipulated.” “WellPoint acknowledges the conflicts of interest in […]
Indianapolis-based WellPoint Inc. has agreed to pay $10 million to settle a New York probe into how the health insurer reimbursed customers for out-of-network services. WellPoint also agreed to stop using the Ingenix database of reimbursement rates that New York Attorney General Andrew Cuomo has called “defective and manipulated.” “WellPoint acknowledges the conflicts of interest […]
It can be tempting to trust in "experts," when it comes to loved ones’ health and nursing home care. But the consequences can be dire.
Indiana Medicaid officials want to take over management of all its patients’ prescription drugs because they say it could save the state as much as $40 million a year.
I was disappointed and then grew angry when I read Somerset President Pat Early’s comments relative to the Penrod Society’s
misfortune apparently caused by Somerset employee and Penrod volunteer Brandon Benker. ("Penrod suspect had record" in the
Jan. 12 issue)
A quick turnaround from city official to high-paid land-use lobbyist raises questions for some critics of revolving-door
government.
Several major issues with business implications are expected to receive ample attention when legislators convene next month,
particularly the continuing saga of property-tax relief and the state’s ability to pay jobless benefits.
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
Indianapolis is finally jumping in a big way into the merger mania that’s sweeping the legal profession.
Marion County hospital systems anticipate more mergers, possibly with each other.
John Aleshire, the executive director of the Humane Society of Indianapolis, is rolling out policies that please animal advocates.
Especially during a recession, architects need to build strategies to reach new and existing clients and provide them cost-effective design and construction
options.
Consumer-directed health plans really work, at least according to WellPoint Inc., which has made a big push to sell them recently.
Democratic gubernatorial candidate Jill Long Thompson promises to buoy Indiana’s slumping rural counties with a three-tiered
incentive plan. Republican Gov. Mitch Daniels has a different vision for stoking the state economy. He wants to build on Indiana’s
strengths–such as world-class research at universities–to innovate and create jobs.