Drug-spending increase highest in four years
The price increase was fueled by the debate over the health-care overhaul in Washington, D.C., Medco Health Solutions Inc. CEO David Snow said.
The price increase was fueled by the debate over the health-care overhaul in Washington, D.C., Medco Health Solutions Inc. CEO David Snow said.
Dr. Rob Stone wants the giant health insurer to convert to not-for-profit status and put him, an advocate of national health
insurance, on the company’s board.
Senate Appropriations Chairman Luke Kenley, R-Noblesville, said the costs to Indiana for health reform will be so great that
the state should consider the drastic step of creating another option to Medicaid.
The health law passed by Congress in March will force insurers like WellPoint to give rebates to customers next year if the
companies don’t meet the medical-spending minimums.
There has been a noticeable uptick in the level of health care real estate development activity this year.
The central Indiana area has been selected as one of 15 communities that will share in $220 million worth of grants for pilot
projects to test health-care information technology.
Medicare actuary Richard Foster estimated the new law would raise overall health care spending by an additional $311 million
over current law—more than when he first examined the legislation in December.
The two largest U.S. health insurance companies, UnitedHealth, based in Minnetonka, Minn., and WellPoint Inc., based in Indianapolis,
sell Advantage plans.
Insurers like WellPoint Inc. should be required to get U.S. approval to increase premiums, Sens. Diane Feinstein and Tom Harkin
say.
Eighteen states, including Indiana, argue the federal government cannot force citizens to buy health insurance coverage.
To understand why hospitals are so eager to employ physicians—and prevent them from owning their own facilities—look
no further than the latest data on how much doctors are paid compared with how much revenue they generate for hospitals.
State attorney general says the federal health care law raises serious constitutional questions, including whether Congress
has the authority to enact a mandate that most Americans purchase health insurance.
Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
With one of the nation’s largest tanning-bed manufacturers and dozens of salons in central Indiana, a 10-percent tax on tanning
could cost the region jobs.
Daniels told members of the Economic Club of Indianapolis that it’s ridiculous for anyone to suggest the nearly $1 trillion
health care overhaul signed into law Tuesday by President Barack Obama won’t add to the nation’s debt.
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is
unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
The new federal health care bill will put 500,000 more Indiana residents on Medicaid and lead to higher state taxes, Gov.
Mitch Daniels said Monday, but a government insurance proponent said it will help families and businesses.
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court.
Sweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
Drugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.