CNO Financial shakes up senior executive team
The Carmel-based company has a hired a president and promoted longtime exec Erik Helding to chief financial officer. The company also announced the departure of its chief business officer.
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Insurer UnitedHealth starts pruning ACA exchange business
The nation’s biggest health insurer has decided to stop selling coverage on public insurance exchanges in two states next year and is continuing to evaluate its presence in other markets after reporting steep losses.
Report: New Obamacare enrollees sicker, costlier to insure
Health insurers gained a sicker, more expensive patient population after the Affordable Care Act expanded coverage in 2014, according to an early look at medical claims.
Insurers plot test to build better provider directories
The trade association America's Health Insurance Plans, or AHIP, will soon start testing a more efficient way to update insurer provider directories. Indiana will be one three states where the method will be tested.
Express Scripts leader wants Anthem to stay client despite $15B suit
Express Scripts Holding Co.’s incoming CEO is trying to keep its biggest customer after Anthem Inc. sued to recoup billions of dollars in what it called excess payments for drugs and threatened to end their relationship.
Anthem slaps lawsuit on Express Scripts over drug pricing
The insurer’s CEO said in January that Anthem should be reaping an addition $3 billion per year in savings on drugs from Express Scripts, which manages its pharmacy benefits.
House passes bill making Healthy Indiana plan permanent
The Indiana House has approved a bill that would codify into law Gov. Mike Pence's statewide expansion of Medicaid under President Barack Obama's signature health care overhaul.
A new partnership rings up big savings for Anthem, Franciscan
Under the deal, Franciscan was financially accountable for what it would spend on care for about 60,000 patients who had Anthem benefits provided by its employers or purchased individually. Would it work?
Indiana joins suit challenging Obamacare fee
States say the federally-imposed fee—which cost Indiana $17.4 million in 2014—violates a constitutional ban on intergovernmental taxes.
Insurer Anthem hikes quarterly shareholder payout
Anthem Inc. has bumped up the quarterly dividend it pays shareholders by 4 percent, opting for a much smaller increase than its previous hike.
Anthem not entitled to $3 billion, Express Scripts says
Express Scripts Holding Co. said it’s still working to resolve its contract dispute with Indianapolis-based insurer Anthem Inc., which has claimed it should be getting much more in savings from the pharmacy benefit manager.
In-car data poised to rewrite rules of auto insurance
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
CNO Financial earnings rise, top analyst expectations
Carmel-based CNO Financial Group Inc. on Wednesday reported higher profit in the fourth quarter despite a decline in revenue.
Report: Eight states show significant drop in uninsured
In addition, another 10 states, including Indiana, were identified as having notable reductions in the percentage of uninsured residents.
Anthem merger partner reports dip in profit
Cigna Corp. blamed the nearly 9 percent decline on transaction costs related to its pending $54 billion sale to Anthem Inc.
Health plan provider to cut most of its workforce
Advantage Health Solutions Inc., which was was placed under the supervision of the Indiana Department of Insurance in November, plans to part ways with most of its workers, the Indianapolis-based company said Friday in a notice to the state.
Obamacare will probably cost more in 2017, Anthem says
The Indianapolis-based insurer is eking out a small profit from selling policies to individuals under the Affordable Care Act, but many of its rivals aren’t.
Anthem merger partner banned from Medicare sales for ‘widespread failures’
Cigna Corp., which has agreed to a $48 billion merger with Indianapolis-based Anthem Inc., has committed systemic violations that threatened patients’ health, U.S. regulators say.
U.S. to limit Obamacare sign-up periods to help insurers
The U.S. government will limit a process that allowed people to sign up for health insurance under Obamacare outside of the normal enrollment period, after insurers complained that the special periods were letting people into the program only when they got sick.
Anthem seeks $3B more in drug savings from Express Scripts
Anthem, which contracts with Express Scripts to manage drug costs for its members, said the pharmacy manager should be passing along about $3 billion a year more in the savings it negotiates from drug companies.