Anthem results top expectations, as firm projects growth in ’15
The Indianapolis-based health insurer hiked the quarterly dividend it pays shareholders nearly 43 percent after reporting fourth-quarter results.
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Lilly sees insurers pushing harder for discounts
Health-coverage managers are becoming more aggressive in demanding discounts and exclusive deals from drugmakers to drive down the cost of medicine, Eli Lilly and Co.’s diabetes business chief says.
Obamacare fees for uninsured kick in with 2014 taxes
Roughly 4 million uninsured people are expected to pay penalties, and 26 million could qualify for exemptions from a list of more than 30 waivers.
Conner Insurance to invest $1M, add up to 23 workers
The expansion at Keystone at the Crossing would nearly double the insurance brokerage firm's Indiana workforce to 49.
Pence: HIP 2.0 timeline not as important as approval
The state and federal government have been in negotiations since the summer, but the governor said he remains confident that an agreement will be reached, even if it isn’t by his original deadline.
WellPoint makes switch back to Anthem name
The nation's second-largest health insurance company has officially changed its corporate name from WellPoint Inc. to Anthem Inc. The Indianapolis-based insurer's stock starts trading Wednesday under the ticker symbol ANTM.
How CNO returned from the brink
CNO Financial Group looks nothing like it did five years ago. CNO stock recently traded around $17.50 a share, led in part by five consecutive years of profit. It has sold or spun off the last of its risky books of business acquired during go-go years, and it’s on the cusp of a significant bond-rating milestone.
House GOP sues administration over health care law
House Republicans say the Obama administration overstepped its legal authority in carrying out the Affordable Care Act.
Ohio health plan to open Indy call center with 200 workers
CareSource, a 25-year-old managed Medicaid plan that covers more than 1.3 million people in Ohio, Kentucky and Indiana, said the Indianapolis center will be managed by Xerox Corp.
Hillenbrand sees rare progress in controlling workers’ weight
Hillenbrand is making headway at a time when most corporations reap little improvement for their investment in wellness programs.
Anthem cited for misrepresenting doctor networks in California
In the case of Anthem, 12.5 percent of doctors were not at the address listed for them, while 12.8 percent were not willing to accept the health plans purchased on the exchange.
Pence wants HIP 2.0 approval now; delay could cause confusion
Thousands of Hoosiers who are buying health coverage through a federal insurance exchange could face confusing changes if Indiana gets permission to offer its own program sometime next year.
Carmel insurer reports smaller profit on investment losses
Carmel-based Baldwin & Lyons Inc. on Thursday reported a smaller profit in the third quarter despite writing a near-record number of premiums during the period.
Obamacare launch has goosed WellPoint stock by 50 percent
WellPoint’s stock has benefited the most among major insurers since the 2013 launch of the Obamacare exchanges, along with tax subsidies to buy insurance.
Anthem canceling 30,000 individual health policies for Hoosiers
The insurer will not let customers who renewed their pre-Obamacare plans late in 2013 do so again this year. But switching to Obamacare-compliant plans could cause some premiums to spike and provider choice to dwindle.
Health care overhaul doubts ease for insurers
Health insurers such as WellPoint Inc. entered last fall cautious about a major coverage expansion initiated by the health care overhaul, but are finding the challenges more manageable than expected.
WellPoint profit dips, but rising membership boosts outlook
Enrollment in WellPoint’s health plans increased by 259,000 members in the third quarter. Growth came in WellPoint’s employer and Medicaid plans, while its individual health plans declined by 108,000.
CNO reports lower third-quarter profit, revenue
The Carmel-based insurance holding company had profit of $117.4 million in the period ended Sept. 30, down from $283 million in last year's third quarter. Revenue fell 11 percent, to $967 million.
State settles with drug maker over Medicaid fraud charges
The Indiana attorney general’s office has recovered more than $181,000 for the state Medicaid program by joining with other states and the federal government in a fraud settlement.
Wal-Mart cuts health benefits for most part-timers
Starting Jan. 1, Wal-Mart will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others.