Articles

Pence’s Obamacare angst may cost state

Even though Obamacare will raise various taxes to subsidize the cost of expanding health insurance coverage, Indiana might say no to all its new funding, to the tune of $1.2 billion per year. That also means the state would say no to a reduction by more than half of the 810,000 Hoosiers that go without health insurance for a time each year.

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Health law fuels modest rise in costs

It’s long been known that Obamacare would make health benefits more expensive for most employers. Now, it’s finally becoming clearer by how much: about 9 percent, on average, according to a series of actuarial studies.

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Indiana’s insurance exchanges are pricey

The premiums offered by health insurers participating in the Obamacare exchanges put Indiana among the 10 most-expensive states in the country, according to data released last month by the U.S. Department of Health and Human Services.

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Board suggested busy Evans let go of AIT

Michael Evans was juggling two companies and two newborn twins when his board of directors suggested it was time for a new CEO of AIT Laboratories. He was replaced by venture capitalist Matt Neff on Monday.

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Franciscan doubles down on accountable care

Franciscan St. Francis Health earned a $6.6 million bonus from the Medicare program for its success at keeping central Indiana patients out of the hospital and the emergency room. So the hospital system will expand its participation in so-called accountable care programs to all its Indiana territories.

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Obamacare rebates total $22.6M in Indiana

Indiana consumers are set to receive rebates that are 59 percent larger this year as Obamacare continues to force health insurers to refund premiums that exceed actual medical claims by more than 20 percent.

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New WellPoint CEO Joe Swedish thrives on complexity

Joe Swedish, a career hospital executive, is now two months into his job at the helm of Indianapolis-based WellPoint, the nation’s second-largest health insurer. In his first interview since starting work, Swedish indicated he’s taking his time to learn the people and the culture of the vast organization he now leads.

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IU Health to chop $1 billion off costs

Even though Obamacare likely will expand health insurance coverage to an extra 500,000 Hoosiers over the next few years, IU Health expects per-patient reimbursements to fall as the federal government, employers and patients all push back on sky-high health care costs.

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