CNO Financial reports improved quarterly earnings, revenue
The Carmel-based insurance holding company said total collected premiums were $925 million in the latest quarter, up 7 percent from last year’s second period.
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Jury rules against ex-WellPoint exec in lawsuit over firing
A Marion County jury deliberated less than an hour before issuing verdicts in a long-running lawsuit by Dr. Randall C. Axelrod, who was removed as vice president of health care management for WellPoint’s Virginia-based east region in July 2006.
Anthem may hasten Obamacare retreat without funding assurances
Concerned by the uncertain future of U.S. health care policy, Anthem Inc. warned it may hasten its retreat from Obamacare’s insurance marketplaces.
Anthem tops forecasts with quarterly earnings, raises outlook
Indianapolis-based Anthem Inc. saw profit grow nearly 10 percent, helped by government business and coverage the health insurer sells to smaller employers.
Holcomb asks feds to allow Medicaid work requirements
Gov. Eric Holcomb has submitted a finalized proposal allowing for changes to the state's Healthy Indiana Plan 2.0 serving low-income Hoosiers.
After fessing up to failings, travel-insurance firm remakes itself
With the help of an outside consultant, Carmel-based Seven Corners Inc. has spent nearly three years on a corporate overhaul.
ONI Risk Partners acquiring Franklin insurance agency
Indianapolis-based insurance broker ONI Risk Partners Inc. announced Tuesday that it would acquire Green Owens Insurance Inc., a 38-year-old independent agency based in Franklin.
Survey: U.S. uninsured up by 2 million this year as gains erode
The Gallup-Sharecare Well-Being Index, published Monday, found that the uninsured rate among U.S. adults was 11.7 percent in the second three months of this year, compared with a record low of 10.9 percent at the end of last year.
Anthem’s exit creates Obamacare ‘crisis’ for rural Nevadans
The Indianapolis-based health insurer, a one-time Obamacare stalwart, has accelerated its retreat in recent weeks.
Anthem agrees to $115 million settlement over data breach
Anthem Inc. has agreed to pay $115 million to resolve consumer claims over a 2015 cyber-attack that compromised data on 78.8 million people, marking what attorneys in the case called the largest data-breach settlement in history.
Only two insurers to offer Obamacare plans in Indiana next year
The Indiana Department of Insurance has yet to approve the insurers’ proposed higher rates, which will be for those buying individual plans on the Affordable Care Act marketplace next year.
California insurance boss under fire for climate initiative
Officials from Oklahoma and more than a dozen other states—including Indiana—have sent two letters to California’s insurance commissioner, asking that he stop pressing insurance companies to publicly disclose fossil fuel investments and divest from the coal industry.
UPDATE: Anthem, MDwise pulling out of Indiana health insurance exchanges
Two Indianapolis-based health insurers are pulling out of Indiana’s insurance exchanges next year, citing growing uncertainty over the future of the Affordable Care Act. Together, they represent about 77,000 members who now must find other plans.
2017 Indiana 100: Smith talks customers, the coliseum and Garfield
Q&A with Kimberly Smith, Indiana Farmers Mutual Insurance Co.: “I don’t want to say by any means that it’s been easy to effectuate the change but I think it all has to do with why you’re effectuating change.”
2017 Indiana 100: After pulling CNO back, Bonach stepping aside
Q&A with Edward Bonach, CEO of CNO Financial Group: “Thankfully, I don’t know if it’s genes or what, but I can usually get by on less sleep than most. Starting early is good for me.”
Worry rises over future of HIP 2.0 insurance program
Indiana hospitals are bracing for congressional action that could mean deep cuts in Medicaid, which funds the state’s popular health insurance program for low-income adults.
Scrappy insurer continues pursuit of $25M judgment from Symons family
Continental Casualty Co., which has been tangling in court with the family for more than 15 years, recently initiated garnishment proceedings in a quest to collect as much as possible of a 2009 judgment.
Centene to offer Obamacare in 3 more states, expand in Indiana
Health insurer Centene Corp. plans a broad expansion of its Obamacare offerings next year at a time when many of its big rivals are retreating from the program.
Anthem vows failed deal won’t derail growth plans
Just weeks after abandoning its proposed $48 billion merger with rival Cigna Corp., the Indianapolis-based health insurer is looking for its next deal. But this time, it is likely to be much smaller.
Anthem’s Obamacare exit could leave 300,000 without options
The loss of another insurer in the program would put more pressure on Republicans in Congress who are attempting to repeal and replace large parts of Obamacare.