Employee benefits firm plans Indianapolis expansion
Apex Benefits Group plans to invest $1 million and add 25 jobs paying an average of $44 an hour.
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Health insurers’ anti-fraud bid seeks to ease profit-limit rule
The Obama administration Thursday announced a partnership with the industry in which WellPoint Inc., UnitedHealth Group Inc. and other insurers may try to share more billing data with the government to root out fraud.
CEO Braly gets WellPoint board backing after cutting forecast
WellPoint Inc.’s board, reacting to criticism after the health insurer cut its profit forecast on Wednesday, said the management team led by CEO Angela Braly has its full support.
CNO Financial reports big earnings gain on higher sales
Earnings at Carmel-based CNO Financial Group Inc. jumped 42 percent in the second quarter on higher sales of its insurance products, the company announced Wednesday afternoon.
Committee passes domestic partner benefits proposal
The plan to offer health-care benefits to domestic partners of Indianapolis city workers passed a City-County Council committee by a 7-0 vote on Tuesday. The full council could consider the measure as early as Aug. 13.
WellPoint shares sink after profit misses analyst estimates
WellPoint Inc. stock fell more than 12 percent Wednesday after the insurer’s quarterly earnings missed analyst estimates and it trimmed its full-year forecast.
WellPoint using deals to prep for new era in insurance
The buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.
WellPoint agrees to pay for 3 children to get gene test
WellPoint Inc. said it will pay for DNA testing for three children to see if they have an inherited heart disease their father suffers from that often strikes without warning, reversing an earlier decision to deny coverage.
WellPoint shares jump after $4.9B deal for Amerigroup
Investors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
WellPoint buying managed care firm for $4.9B
The Indianapolis health insurer is buying Virginia-based Amerigroup Corp. to expand in managed care for poor and elderly patients in the Medicare and Medicaid programs.
Insurance may not cover violators of fireworks ban
Fourth of July enthusiasts who ignite personal fireworks despite bans in their counties may not be covered by insurance if their fireworks cause any damage.
MILLER: Morale, productivity affected by benefits frustration
Have employees reached the tipping point where rising health care costs have forced them to think seriously about jumping ship?
High court health care decision good for some, not others
The Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many players in the health care industry, but not every corner of the sector will benefit.
High court ruling could leave 290K Hoosiers uncovered
A decision by Indiana to leave its Medicaid program unchanged could leave as many as 290,000 Hoosier adults, who would have been newly eligible for Medicaid coverage, with no good options.
Indiana awaits ruling before starting health exchange
Indiana has spent the past year and a half planning for its own health insurance exchange in case the U.S. Supreme Court upholds President Barack Obama's health care law, but the state still could end up being forced into the federal exchange.
Analysis: How stocks will fare in ruling on health care law
The Supreme Court is expected to rule on the Affordable Care Act by the end of June. Here’s a roundup of how health care businesses would be affected under four different scenarios.
Court ruling would lift cloud of uncertainty
The U.S. Supreme Court did not hand down a ruling in the health care reform case Monday morning. The nine justices meet again Thursday, but most observers expect the decision to come June 25 or June 28.
WellPoint lowers earnings forecast after $90M legal bill
Indianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million settlement in a class-action lawsuit.
WellPoint settlement: $90M for former Anthem members
The federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem’s 2001 conversion from a mutual company, owned by its insured policyholders, to a public company.
WellPoint rivals to keep parts of health care law
Some of the nation's biggest health insurers will keep some popular parts of President Barack Obama's health care overhaul even if the law fails to survive U.S. Supreme Court scrutiny later this month. Indianapolis-based WellPoint will wait for the court ruling.