CNO misses mark with lower quarterly revenue, profit
CNO Financial Group Inc. on Wednesday reported quarterly results that fell short of Wall Street predictions.
CNO Financial Group Inc. on Wednesday reported quarterly results that fell short of Wall Street predictions.
Seven insurers, including Indianapolis-based Anthem Inc., reached an agreement with New York Attorney General Eric Schneiderman to cover hepatitis C drugs for patients in the early stages of the disease and for drug and alcohol users.
The Indianapolis-based insurer essentially broke even on its Obamacare exchange business last year.
The company, which is in the process of buying rival insurer Cigna Corp. for $54 billion, said medical enrollment has climbed by about 1 million members since the end of 2015, reaching 39.6 million members.
The Carmel-based provider of telecommunications services sought to collect on insurance after discovering it was the victim of a massive theft by a high-level manager in New Jersey.
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.
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.
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.
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 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.
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.
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.
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?
States say the federally-imposed fee—which cost Indiana $17.4 million in 2014—violates a constitutional ban on intergovernmental taxes.
Anthem Inc. has bumped up the quarterly dividend it pays shareholders by 4 percent, opting for a much smaller increase than its previous hike.
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.
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
Carmel-based CNO Financial Group Inc. on Wednesday reported higher profit in the fourth quarter despite a decline in revenue.
In addition, another 10 states, including Indiana, were identified as having notable reductions in the percentage of uninsured residents.
Cigna Corp. blamed the nearly 9 percent decline on transaction costs related to its pending $54 billion sale to Anthem Inc.