UPDATE: Indy-based health insurer MDwise to be acquired by Michigan firm
After the deal closes, the insurers are expected to collectively cover more than 620,000 people and generate annual revenue approaching $6 billion.
Insurance
Articles
Lawsuit targets Trump’s rollback of birth-control rule
Two national advocacy groups filed a federal lawsuit in Indiana on Tuesday challenging a rule change by President Donald Trump's administration allowing more employers to opt out of no-cost birth control for workers.
Aetna shares surge after reports of $66B offer from CVS
A deal would create a health-services giant and a bigger competitor for UnitedHealth Group Inc., which is the largest U.S. health insurer and has its own own clinics and a pharmacy-benefits unit.
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.
Anthem shares jump after acquisition, improved forecast
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.
Anthem to build 21-story tech center in Atlanta
Construction is set to begin in January and the building should be complete in two years.
Trump’s health subsidy shutdown could lead to free insurance
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.
States ask U.S. court to keep up health subsidies cut by Trump
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.
Anthem breaks with Express Scripts, to start own drug plan with CVS
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.
Senators say they have outline of health insurance deal
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.
Obamacare insurers, states rush to react to Trump’s latest move
Indianapolis-based Anthem Inc. declined to say Friday whether it would retreat even further from Obamacare than it already has in recent months.
Trump moving ‘step by step’ to take apart Obamacare on his own
Shares of publicly traded hospital chains including Tenet Healthcare Corp. slumped on Friday, as did insurers such as Centene Corp. and Anthem Inc.
Trump to halt Obamacare subsidies to health insurers
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.
Trump signs order to expand lower-cost, lower-benefit plans
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.
Express Scripts to buy medical test gatekeeper for $3.6B
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.
White House to order health care insurance alternatives
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.
Trump may choose Pence ally Verma to replace ousted Price
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.
Indiana rates to climb more than 20 percent on Obamacare exchanges
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.
Employers, workers brace for another round of health premium increases
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.
Indiana health leaders brace for possible Obamacare repeal
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.