In spite of offers to strike a short-term extension, UnitedHealthcare and Indiana University Health are still hung up in contract negotiations on one key point: Minnesota-based UnitedHealthcare wants to create a multi-tiered network of providers and services that would offer the lowest co-pays and deductibles for favored hospital systems—which IU Health is not.
The windfall comes at a critical moment for health care reform, which becomes “real” for many Americans on Jan. 1 as coverage through the insurance exchanges and key patient protections kick in.
When Joe Swedish was named the next CEO of WellPoint Inc., investors frowned. At first.
Hoosiers who sign up for “zero premium” health insurance in the new Obamacare exchanges might end up leaving thousands of dollars on the table. An estimated 250,000 uninsured Hoosiers could qualify for health insurance in the Obamacare exchanges that would cost them nothing—at least upfront.
Indiana University Health, already the state’s largest hospital system, is now ramping up to compete against Anthem, UnitedHealthcare and other health insurers.
Come January, UnitedHealthcare, the second-largest health insurer in Indiana, will have no major-medical policies to sell to individual Hoosier customers.
Bowing to pressure, President Barack Obama on Thursday announced changes to his health care law to give insurance companies the option to keep offering consumers plans that would otherwise be canceled.
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.
Indiana officials don’t expect HealthCare.gov to be able to share individual account information with the state’s Medicaid computer systems until the end of the year.
Indiana companies are planning different methods to adapt to the health care landscape next year.
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.
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.
Fifteen Indiana school districts and the state of Indiana have filed a lawsuit challenging the federal health care law and subsidies that are available to Hoosiers under rules set by the IRS.
Anthem Blue Cross and Blue Shield President Rob Hillman expects a slow start to the Obamacare exchanges, with fewer than one-third of uninsured people buying coverage there.
With new health insurance markets launching next week, the Obama administration is unveiling premiums for 36 states, including Indiana, where the federal government is taking the lead to cover uninsured residents.
The Indianapolis-based health insurer expects to pay, on average, $3.50 per month for every patient enrolled in one of Anthem’s commercial health plans.
Anthem Blue Cross and Blue Shield of Indiana expects the average premiums it charges on the health insurance exchanges being created by Obamacare to be about $60 per year less for each of its health plan members than they would have been without the law.
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.
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.
Under so-called reference-based benefits, insured patients would have to pay the difference between procedure prices and maximums set by their employers. Several Indiana companies are considering using the tactic.
