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.
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.
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.
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, 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.
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’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.
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
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 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.
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.
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.
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 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.
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.
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.
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.
Anthem Inc. and Aetna Inc. are on the hot seat now that UnitedHealth Group Inc. appears unlikely to linger as a seller on the Affordable Care Act’s government-run markets.
Insurer UnitedHealth Group, which has 28,000 Obamacare customers in Indiana, said it might quit selling plans under the Affordable Care Act. Thursday’s announcement took a toll on health insurance stocks, including Anthem’s.
The prominent proxy advisory firm Institutional Shareholder Services recommends that its shareholders approve Anthem Inc.'s planned, $48 billion acquisition of fellow health insurer Cigna Corp.
