Shareholder group wants WellPoint to become not-for-profit
Proposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
Health Insurance
Articles
WellPoint faces biggest changes under new law
The Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing
the impact of health reform.
Employers fret over health care overhaul
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.
Reform offers risk, opportunities for Lilly, WellPoint
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.
Congress passes historic health care bill
To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
Simon Property Group adds Glasscock to board
Former WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
WellPoint expects loss of 400,000 insured members this year
Indianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
WellPoint spent $1.2M lobbying government in 4Q
Indianapolis-based WellPoint Inc., the nation's largest health insurer based on membership, spent $1.2 million lobbying
the federal government in the fourth quarter of 2009 as it weighed in on several topics tied to the health care overhaul debate.
Sebelius asks insurers to justify rate hikes
Health and Human Services Secretary Kathleen Sebelius met at the White House with the CEOs of Indianapolis-based WellPoint,
Aetna, Cigna, UnitedHealth Group, as well as several state insurance commissioners.
Consumer group sues Anthem over policy changes
A consumer watchdog group filed a lawsuit Monday against WellPoint’s California subsidiary on behalf of policyholders, claiming
they were pushed to take coverage with fewer benefits and higher deductibles.
WellPoint records subpoened in California probe
The California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint,
believing that their rate-setting and claims practices might be illegal.
Study: Hospital clout spurs higher Calif. health costs
While insurers get the blame for rising health-care costs for consumers, surging fees from hospitals and the growing dominance
of such providers may be just as responsible for driving up expenses, according to a new study examining California's
market.
WellPoint CEO blames health costs for hikes
Amid attacks from Democrats over high executive salaries, Angela Braly testified in Washington, D.C., on Wednesday that big
insurance-premium increases are
the result of growing price tags for hospital care and pharmaceuticals.
California lawmakers question Anthem about rate hikes
California lawmakers grilled Anthem Blue Cross executives on Tuesday about their plan to boost individual insurance premiums
by as much as 39 percent, only to hear them blame the economy and a broken health care system.
WellPoint to face questioning over rate hike
Executives are scheduled to testify Tuesday before a California legislative committee and on Wednesday before a U.S. House
of Representatives committee about big premium increases.
Obama endorses new taxes, more drugmaker fees
Obama, seeking to break an impasse over health-care legislation, proposes a plan that includes the first Medicare tax on unearned
income such as capital gains and higher fees on drugmakers.
Insurers warn of problems with federal regulator
President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group.
New Obama health proposal would limit rate hikes
President Barack Obama is making a fresh attempt to rescue his health care overhaul by proposing a measure that would allow
the government to deny or roll back egregious insurance premium increases that infuriate consumers.
A closer look at WellPoint’s health insurance profits
At the heart of the debate is the question of what should be a fair profit for health insurers. WellPoint CEO Angela Braly
will likely be grilled on the issue when she appears at a Congressional hearing Wednesday.
White House plans new rules for health insurers
President Obama will release a proposal to restart the health-care debate before a bipartisan White House meeting on Feb.
25, one day after WellPoint officials testify before Congress about steep rate increases.