Pharmaceutical company stocks were among the winners in early trading Wednesday as Republicans’ sweeping election victory eased concerns that Democrats would enact controls on drug prices. Eli Lilly and Co. shares jumped 4 percent.
The Carmel-based property and casualty insurance underwriter reported higher revenue but less profit in the latest period.
CNO Financial Group Inc. on Tuesday reported third-quarter results that topped Wall Street expectations despite a 45 percent decline in profit.
If Indianapolis-based Anthem retreats from the Affordable Care Act, it would mean that almost all of the major American for-profit health insurers have substantially pulled back from the law.
Americans in the health insurance markets created by President Barack Obama's law will have less choice next year than any time since the program started.
Letters and emails between the two companies might become evidence in the Justice Department’s lawsuit seeking to halt the $48 billion deal.
CNO Financial Group Inc. said it ended a risk-transfer deal with a reinsurer tied to embattled hedge fund Platinum Partners and has filed suit against executives of Beechwood Re. CNO shares tumbled after the news.
The move combined with other insurer defections will leave Hoosiers with just five Obamacare marketplace options.
An Indianapolis health insurance company said it plans to add 82 customer-service positions and is holding a job fair Thursday to find candidates.
Anthem Inc. and Cigna Corp. are refusing to provide letters between the two insurers that the U.S. government contends will show that they get along so poorly that they wouldn’t be able to effectively merge.
The Justice Department, which is trying to stop a $48 billion merger between insurance giants Anthem and Cigna, said in a court filing that the firms are accusing each other of breaching their agreement, creating a “state of hostility” between the companies.
President Barack Obama met with top executives from more than a dozen health insurers on Monday to re-affirm his support for the Affordable Care Act after several companies retreated from the law’s government-run insurance markets.
The nation's progress in getting more people covered by health insurance slowed significantly this year, the government confirmed Wednesday in a report that tempers a historic but troubled achievement of the Obama administration.
Health insurer Cigna Corp., which has an agreement to be acquired by Anthem Inc., won’t be able to sign customers for its private Medicare plans during the fall enrollment season because of an investigation by U.S. regulators.
If Hillary Clinton wins the White House, expect her to mount a rescue effort for the struggling health care law, which is facing double-digit premium increases and exits by big-name insurers, among other problems.
OneAmerica Financial Partners Inc. has hired Anthem Inc. executive Karin Sarratt as senior vice president and chief human resources officer, Indianapolis-based OneAmerica announced Thursday.
Hoosiers looking for health insurance on the Obamacare marketplace for next year will see fewer choices and double-digit premium increases on most plans, the Indiana Department of Insurance said Thursday.
Another health insurance company says it's leaving the Affordable Care Act marketplace in Indiana for 2017, reducing competition and forcing more than 6,000 customers to switch to other coverage.
No one is sure whether Anthem and the Justice Department can hash out a settlement before the federal case to block the insurer's $54 billion acquisition of Cigna Corp. goes to trial in November.
The decision by Aetna is the latest blow to President Obama’s signature domestic policy law. While it has brought coverage to millions, the new markets have proven volatile for some of the largest for-profit insurers.
