CNO exceeds expectations with third-quarter earnings
The Carmel-based insurance holding company turned a profit of $100.8 million in the period, up from $18.6 million a year ago.
The Carmel-based insurance holding company turned a profit of $100.8 million in the period, up from $18.6 million a year ago.
Anthem Inc. exceeded Wall Street third-quarter profit expectations and pushed its 2017 forecast higher in its latest quarterly report. It also acquired an insurer with more than 135,000 Medicare members.
Construction is set to begin in January and the building should be complete in two years.
If President Donald Trump prevails in shutting down a major Obamacare health insurance subsidy, it could have the unintended consequence of making free basic coverage available to more people, and making upper-tier plans more affordable.
Top government lawyers representing 19 U.S. states on Wednesday asked a federal judge in California to force the administration of President Donald Trump to make health care subsidy payments that Trump abruptly cut off last week.
Indianapolis-based insurer Anthem Inc. said it will set up its own pharmacy benefits management unit, signaling a final break with Express Scripts Holding Co. after the health insurer accused Express of overcharging it by billions of dollars.
Two leading senators said Tuesday they have the “basic outlines” of a bipartisan agreement to resume federal payments to health insurers that President Donald Trump has blocked.
Indianapolis-based Anthem Inc. declined to say Friday whether it would retreat even further from Obamacare than it already has in recent months.
Shares of publicly traded hospital chains including Tenet Healthcare Corp. slumped on Friday, as did insurers such as Centene Corp. and Anthem Inc.
The president’s action is likely to trigger a lawsuit from state attorneys general, who contend the subsidies to insurers are fully authorized by federal law, and the president’s position is reckless.
Frustrated over setbacks in Congress, President Donald Trump wielded his rule-making power Thursday to launch an executive order that might get him closer to his goal of repealing and replacing Obamacare.
The deal comes as Express Scripts faces challenges on a number of fronts, including the possible loss of its largest customer, Indianapolis-based health-insurance giant Anthem Inc.
The White House is finalizing an executive order that would expand health plans offered by associations to allow individuals to pool together and buy insurance outside their states.
Mentioned as a possible permanent successor to ousted health secretary Tom Price is former Indiana health care policy consultant Seema Verma, a protege of Vice President Mike Pence.
Hoosiers buying health insurance on the Obamacare marketplace will pay an average of nearly $500 a month in premiums next year, a sharp rise over current rates.
The National Business Group on Health is projecting the total cost of providing medical and pharmacy benefits to increase 5 percent for the fifth consecutive year in 2018.
Health experts at an IBJ Health Care & Benefits panel discussion on Thursday said passage of the Graham-Cassidy bill could challenge Indiana's ability to care for low-income Hoosiers.
Indiana Gov. Eric Holcomb has joined 14 other Republican governors in backing a last-ditch GOP effort to repeal former President Barack Obama's signature health care law.
The deal for HealthSun gives Anthem another 40,000 members and helps build its base in south Florida.
About 8 percent, or 530,000, Indiana residents lacked medical insurance in 2016, compared to 14 percent, or 903,000, residents in 2013.