Most Indianapolis 500 drivers insured against the unspeakable
At least half of the drivers in the Indianapolis 500 field get their life insurance from the same Indianapolis-based insurance agency.
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CNO Financial CEO Bonach to retire at year’s end
The Carmel-based insurance holding company has selected its president, Gary Bhojwani, to succeed Ed Bonach, who has has held the top spot since 2011.
Progress on reducing U.S. uninsured rate comes to halt
Five years of progress reducing the number of Americans without health insurance has come to a halt. It will be watched closely as Republicans attempt to roll back the Affordable Care Act.
Analysts struggled to predict Anthem-Cigna outcome (but don’t tell them that)
The proposed $48 billion merger of Anthem and Cigna kept Wall Street experts guessing for months.
Cigna wins judge’s approval to walk away from Anthem merger
The decision makes it virtually impossible for Anthem to salvage the merger and means the insurer could be on the hook for $1.85 billion in breakup fees and $13 billion in damages to Cigna.
Baldwin & Lyons sees lower profit despite premium growth
Carmel-based insurer Baldwin & Lyons Inc. wrote a record amount of premiums in its latest quarter, but overall profit dropped compared to the previous year.
Insurer Aetna decides to completely leave Obamacare markets
Aetna has said it expects to lose more than $200 million on individual health plans this year in the four states where it’s still selling Affordable Care Act plans.
Obamacare premiums rise as insurers fret over law’s shaky future
Health insurers are asking for sharp increases in the cost of their Obamacare plans next year. In the first states to make the latest rates public, premiums for Affordable Care Act plans will rise more than 20 percent on average.
Anthem asks judge to continue blocking Cigna’s merger exit
Judge Travis Laster said during a hearing Monday that it’s a “long shot” that Anthem can find a path to success after two federal courts found the $48 billion merger was crippled by antitrust problems.
Anthem asks Supreme Court to review blocked Cigna deal
Health insurer Anthem Inc. is not ready to give up its $48 billion bid for rival Cigna and now hopes to find a favorable audience in the U.S. Supreme Court.
UPDATE: State Farm closures to affect 620 workers in Indy, West Lafayette
State Farm Mutual Automobile Insurance Co. said it plans to shut down 11 U.S. facilities, including its operations centers in Indianapolis and West Lafayette, displacing 620 people in Indiana and 4,200 workers overall.
House approves GOP health bill, a step toward Obamacare repeal
The measure skirted through the House by a 217-213 vote, as all voting Democrats and a group of mostly moderate Republican holdouts voted no.
House pushing health care overhaul bill to showdown vote
Republicans began pushing their prized health care bill through the House on Thursday, as the GOP sought a victory for President Donald Trump six weeks after nearly leaving the measure for dead.
With Anthem-Cigna deal all but dead, merger speculation is back on
Analysts say either Anthem or Cigna could make a move on Humana, which specializes in the fast-growing business of selling private health plans for the elderly.
UPDATE: Anthem loses appeal to overturn U.S. block of Cigna takeover
The decision is a likely final blow to Indianapolis-based Anthem’s bid to complete the $48 billion merger, which a lower-court judge had said should be stopped because it risked undermining competition in health-insurance markets.
Express Scripts rebounds as Anthem holds out hope of reconciliation
Express Scripts Holding Co. shares rose Wednesday after health insurer Anthem Inc., its biggest client, said it hasn’t ruled out using the pharmacy benefit manager after their contract expires.
Anthem threatens higher Obamacare rates if funds for poor stop
Health insurer Anthem Inc. threatened to raise rates for its Obamacare plans next year if the U.S. government stops funding subsidies for lower-income customers. The insurer is also considering exiting some Affordable Care Act markets altogether.
Anthem’s quarterly profit zooms to $1B, handily beating analysts’ expectations
The Indianapolis-based health insurer, which operates Blue Cross Blue Shield plans in more than a dozen states, said earnings increased 44 percent in the first quarter and revenue climbed 11 percent, reaching $22.5 billion.
Express Scripts expects to be dumped by Anthem after 2019
The prescription drug manager said Indianapolis-based Anthem Inc., its biggest customer, doesn’t plan to extend its contract when it expires even though Express Scripts is offering major discounts.
MJ Insurance moving headquarters to Carmel next year
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.