More insurers to offer health law plans next year
The Health and Human Services department on Tuesday reported a net increase of 63 insurers joining the market in 43 states plus Washington, D.C.
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State Farm denied new trial on $14.5M defamation verdict
The $14.5 million defamation verdict awarded against State Farm in favor of a Fishers-based contractor who accused the insurer of defaming him remains in place after the Indiana Court of Appeals rejected the company’s request for a new trial.
More Indiana options coming on insurance exchange
Officials say Indiana residents will have more than triple the number of health insurance plans to choose from when the federal insurance exchange enrollment period starts in November. A a 5-percent average increase in exchange premiums is expected.
Insurance agencies Shepherd, Consolidated merge
Two local insurance agencies with long histories and well-known leaders have merged, creating a firm with eight Indiana offices, 145 agents and more than 160 employees.
Rebates shrink as Anthem gets better at pricing
Hoosiers are receiving $11.9 million in rebates this year from health insurers that used less than 80 percent of their 2013 premiums for medical bills last year. That’s down from $22.6 million handed out last year.
WellPoint to change corporate name back to Anthem
The name change will be completed by the end of the year, pending shareholder approval, the company said Tuesday.
Hospital services center to hire up to 320 workers
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
Baldwin & Lyons’ profit surges on big investment gains
Of the insurer’s $9.3 million in profit in the second quarter, only $4.1 million was attributed to its core operations.
WellPoint unit launching $80M information exchange
Two insurers announced Tuesday that they are partnering for an ambitious project to establish one of the nation's largest health-information exchanges, an effort they hope will reduce duplication and improve patient outcomes.
Connecticut nixes rate increase by WellPoint subsidiary
Anthem told regulators that the 12.5-percent rate increase was needed because of higher costs for medical services, pharmaceuticals and fees levied by the federal government as part of the Affordable Care Act.
CNO sees higher earnings, revenue in latest quarter
CNO Financial Group Inc. earned $78.1 million compared with profit of $77.1 million in the same period of 2013.
Feds scrutinize Indiana for Medicaid backlog
More than 80,000 Hoosiers had their applications for the Medicaid health benefits stuck in a backlog in May, prompting the federal government to launch a special review next week.
Court nixes Obamacare subsidies for Indiana, 35 other states
The Obamacare tax credits that brought nearly $400 million to Indiana this year to help Hoosiers buy health insurance could go away after a federal appeals court ruled Tuesday they were illegal.
Mouse clicks replace stethoscopes as U.S. web care grows
To cut medical costs and diagnose minor ailments, WellPoint Inc. and Aetna Inc., among other health insurers, are letting millions of patients get seen online first.
WellPoint CEO: Insurer preparing for technology wave
In a wide-ranging interview, WellPoint Inc. CEO Joseph Swedish says adapting to technology is a top priority as he leads the nation's second largest health insurer.
CNO upgraded by S&P after divesting insurance unit
CNO Financial Group Inc. was upgraded by Standard & Poor’s after the Carmel-based company completed the sale of a life insurance unit that was no longer issuing policies.
Pence tells feds that HIP 2.0 has broad support
State officials say they will submit a plan Wednesday to expand the Healthy Indiana Plan to more uninsured Hoosiers using federal Medicaid dollars.
Supreme Court lets other birth-control cases stand
The U.S. Supreme Court on Tuesday confirmed that its decision a day earlier extending religious rights to closely held corporations applies broadly to the contraceptive coverage requirement in the new health care law.
Employers scramble to deal with same-sex marriage
Nine out of 10 Hoosier employers do not offer benefits to same-sex partners, meaning many might need to change their policies after a federal judge on Wednesday declared same-sex marriage legal in Indiana.
OneAmerica acquires California retirement business
OneAmerica Financial Partners Inc. announced Wednesday that it will acquire a San Diego-based retirement business, gaining access to another large market.