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.
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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.
Anthem stock jumps on better health plan enrollment
Investors bid up shares of Anthem Inc. on Tuesday morning after the Indianapolis-based health insurer said its health plan membership ended the year at higher levels than expected.
Anthem workers file lawsuit over 401(k) fees in retirement plan
Anthem’s retirement plan is accused in a lawsuit of forcing about 60,000 workers and retirees to pay excessive fees by having to invest in Vanguard Group funds billed as low-cost options.
Aetna follows UnitedHealth in leaving industry lobbying group
With Aetna’s departure, two of the five biggest public U.S. health insurers will have ditched America’s Health Insurance Plans. The other three—Anthem Inc., Cigna Corp. and Humana Inc.—are still members
IBJ’s most-read stories of 2015
Despite national attention paid to RFRA and Jared Fogle, most of IBJ’s top-read online stories this year were the result of deeply sourced reporting on people, issues and businesses specific to central Indiana.
Anthem gives CEO Swedish added title of chairman
Anthem Inc.'s board has named CEO Joseph R. Swedish as chairman, consolidating leadership roles that were once an impediment to its planned $48 billion combination with rival health insurer Cigna Corp.
Investors betting no on Anthem mega-deal
Lots of investors are betting health insurance giants Anthem Inc. and Cigna Corp. won’t ever make it to the altar—an outlook driven by concerns antitrust regulators or other obstacles will prevent consummating the $45 billion deal.
Pence objects to new federal review of HIP program
Gov. Mike Pence fired off a letter to the Obama administration on Thursday asking it to cancel its contract with what he described as biased contractors recently hired to evaluate the Healthy Indiana Plan.
Anthem shareholders overwhelmingly approve Cigna acquisition
More than 99 percent of the shares voted were cast in favor of the deal during a 5-minute meeting Thursday morning at the downtown Conrad Indianapolis hotel, according to Anthem officials.
UnitedHealth says it should have waited on Obamacare
UnitedHealth Group Inc. should have stayed out of Obamacare’s new individual markets longer, the CEO of the health insurer said Tuesday. The company expects losses from the plans this year and next to total more than a half-billion dollars.
Obamacare official makes tweaks as insurer complaints grow
To reduce turbulence in Obamacare’s fledgling insurance markets, the Obama administration’s top health official is pushing to get more information to consumers about what they’ll actually pay for health care.
Experts see big premium increases for Medicare drug plan
With time running out on open-enrollment season, many seniors are facing sharply higher costs for Medicare's popular prescription drug program after a long stretch of stable premiums.
Anthem, Aetna try to reassure investors about exchanges
Two of the nation's three largest health insurers are trying to ease investor and customer concerns a day after their biggest competitor questioned its future on the Affordable Care Act's public insurance exchanges.