Anthem’s first-quarter profit surges past Wall Street’s predictions
Anthem exceeded Wall Street’s profit expectations by 47 cents per share and raised its full-year profit forecast by 20 cents per share.
Anthem exceeded Wall Street’s profit expectations by 47 cents per share and raised its full-year profit forecast by 20 cents per share.
After an Elkhart couple with an autistic son sued insurer Anthem Blue Cross and Blue Shield this month, autism families around the state started a campaign to get Anthem to change its policy for covering therapy for school-age children.
Representatives from Indianapolis-base health insurer Anthem Inc. have canceled plans to speak publicly this week at Ball State University, where some employees have had their identities stolen.
The Indianapolis-based health insurer raised pay for its executives, including CEO Joe Swedish, at a much slower pace than the 38-percent return it generated for shareholders last year.
President Barack Obama is enlisting private companies into his drive to change the way the U.S. pays its medical bills, including insurers Anthem Inc. and Cigna Inc. and casino chain Caesars Entertainment Corp.
Two senior U.S. senators demanded Anthem Inc. pick up the pace in notifying as many as 79 million Americans that their personal information may have been stolen from the health insurer in a computer breach last month.
Social Security numbers, names and addresses for millions of people who aren’t customers of Anthem Inc. may have been breached in a massive cyberattack disclosed by the health insurer earlier this month.
Anthem Inc. has closed its purchase of Florida Medicaid managed care provider Simply Healthcare Holdings Inc. for an estimated $1 billion.
The Indianapolis-based insurer is offering the monitoring and identity-theft repair as it continues to investigate how hackers broke into a database storing information for about 80 million people.
The New Hampshire Insurance Department said Thursday that it will work with insurance departments in other states that also have significant Anthem business, including Indiana, California, Missouri and Maine.
Anthem Inc. spends $50 million a year and employs 200 people to keep its information technology secure. Yet the Indianapolis-based health insurance giant still left itself vulnerable to hackers on key fronts leading up to the theft of 80 million consumer records.
After a huge data breach, Anthem is warning about “phishing” messages that are targeting people it insures or has insured in the past.
Anthem Inc. faces what may be the first of many consumer lawsuits a day after disclosing that hackers obtained data on tens of millions of current and former customers and employees.
Experts say health care companies can provide many entry points into their systems for crooks to steal data. And once criminals get that information, they can pull off far more extensive and lucrative schemes.
Anthem Inc., the second-biggest U.S. health insurer, said it’s going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people.
At least one Indianapolis law firm already is preparing a lawsuit against Anthem Inc., after hackers stole personal information on as many as 80 million customers. The breach is certain to spur much more litigation.
Anthem Inc. said hackers obtained data on tens of millions of current and former customers and employees in a sophisticated attack that has led to a FBI probe.
WellPoint’s stock price rose 53 percent from Sept. 30, 2013—the day before the Obamacare insurance exchanges started up—until Dec. 19, 2014, when the price closed at $127.95.
The nation's second-largest health insurance company has officially changed its corporate name from WellPoint Inc. to Anthem Inc. The Indianapolis-based insurer's stock starts trading Wednesday under the ticker symbol ANTM.
In the case of Anthem, 12.5 percent of doctors were not at the address listed for them, while 12.8 percent were not willing to accept the health plans purchased on the exchange.