Anthem buys Florida insurer in first acquisition since Cigna deal failed
The deal for HealthSun gives Anthem another 40,000 members and helps build its base in south Florida.
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.
Anthem Inc. reversed course and said it will offer Obamacare plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage.
Indiana University professor emeritus Joseph Belth sought the documents last year under an open records law, saying he believes they would expose risky financial practices that could bankrupt some insurers.
Average premiums for individually purchased health insurance will grow around 15 percent next year, the Congressional Budget Office projected.
The Indianapolis-based health insurer is in talks with officials in some states ahead of deadlines later this month to decide whether to sell coverage in 2018, CEO Joseph Swedish said Tuesday.
Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm.
Damages could easily top $135 billion in Florida, with other economic losses pushing the price tag as high as $200 billion. Every county in the state could experience damaged roofs and power outages.
Indianapolis-based Anthem had been the only insurance carrier to sell plans in all 120 counties on Kentucky's health exchange.
State documents show that fewer than 30 percent of those enrolled in the Healthy Indiana Plan would be required to comply with Gov. Eric Holcomb's proposed work mandate.
Many families with flooded basements, soaked furniture and water-damaged walls will have to dig deep into their pockets or take on more debt to fix up their homes. Some may be forced to sell.
The final county in the U.S. that was at risk of not having an Obamacare insurer next year will have one. The county had been left without ACA coverage for 2018 after Anthem Inc. said it would pull out.
K.B. Parrish & Co. is taking on a new name and expanding its services, with the goal of adding dozens of local workers within three years.
The Carmel-based trucking insurer says its chief accounting officer is no longer with the company after spending little more than a year in the position.
Insurers like Indianapolis-based Anthem and conservative groups are scrambling for ways to at least delay the health-insurance tax, or HIT, following the collapse of health-care legislation in July.
Actions by the Trump administration are triggering double-digit premium increases on Obamacare health insurance policies purchased by many people, according to a study.
The Carmel-based insurer said it experienced some “infrequent, but severe” loss events during the quarter.
Nevada officials on Monday decried the Indianapolis-based insurer’s decision to pull its plans from three of the state’s more populous counties only weeks after it said it would not offer plans in the state’s other 14 counties.
Searching for stability, big insurers such as Indianapolis-based Anthem Inc. are focusing on Medicare Advantage, a politically popular program embraced by a growing population of older Americans.
Starting Oct. 1, Anthem said, it could deny claims for hundreds of non-emergency diagnosis codes, such as bruises, rashes, minor burns, swimmer’s ear and athlete’s foot.