CNO Financial beats third quarter analyst estimates
CNO Financial Group Inc. on Tuesday reported third-quarter results that topped Wall Street expectations despite a 45 percent decline in profit.
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Anthem threatens Obamacare retreat if results don’t improve
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.
Health law consumers face least choice in program’s history
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.
Anthem, Cigna may be forced to reveal merger-dispute documents
Letters and emails between the two companies might become evidence in the Justice Department’s lawsuit seeking to halt the $48 billion deal.
UPDATE: CNO ends deal with Platinum-tied insurer, to take $55M loss
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.
IU Health Plans quits Obamacare exchange, citing ‘heightened financial uncertainty’
The move combined with other insurer defections will leave Hoosiers with just five Obamacare marketplace options.
Dental, vision insurance company plans hiring binge
An Indianapolis health insurance company said it plans to add 82 customer-service positions and is holding a job fair Thursday to find candidates.
Feds seek letters allegedly showing disputes between Anthem, Cigna
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.
UPDATE: Anthem, Cigna accusing one another of merger breach, U.S. says
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.
Obama tries to sell insurers on Obamacare after 2016 defections
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.
Federal survey confirms slowdown in health insurance gains
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.
Cigna can’t sign new Medicare customers as probe lingers
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.
Obamacare problems are growing potential issue for Clinton
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 hires Anthem exec to lead human resources
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 face higher premiums, fewer choices for Obamacare coverage
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.
Physicians Health Plan to stop offering individual coverage
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.
Anthem may sacrifice biz lines to get its Cigna deal
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.
Aetna to quit most Obamacare markets, joining major rivals
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.
Anthem suffers setback in bid for Cigna decision by year-end
Anthem Inc. will go to trial against the U.S. in late November to defend its $48 billion takeover of rival insurer Cigna Corp., a start date later than Anthem said it needed to potentially close the deal by an April deadline.
Anthem, Cigna shares rise after U.S. says it’s open to settlement
Investors appeared emboldened by remarks from a Justice Department lawyer Friday that the government was willing to hear settlement offers in its antitrust case involving the merger of the two insurers.