Indy anti-diabetes experiment takes off
UnitedHealthcare believes a program tested in the Indianapolis area will help it save money on claims.
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Democrats want government approval of health premiums
Insurers like WellPoint Inc. should be required to get U.S. approval to increase premiums, Sens. Diane Feinstein and Tom Harkin
say.
Tomisue Hilbert investigates mother’s death, $15M insurance policy
The wife of Indianapolis businessman Steve Hilbert is working with a team of attorneys to determine whether her deceased mother’s
estate can claim the benefit of a life insurance policy issued by Houston-based American General Life Insurance Co.
Rockefeller: Insurers don’t spend enough on medical care
Indianapolis-based WellPoint “reclassified” more than half a billion dollars of administrative expenses as medical
expenses when it was defining its medical-loss ratio, according to a report released by U.S. Senator Jay Rockefeller’s
office.
Indiana warns consumers about questionable insurance
State insurance officials are warning Indiana residents about questionable health insurance policies being offered by companies
touting themselves as associations.
WellPoint, UnitedHealth, grapple with medical-cost mandate
A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.
Hilbert in-law’s insurance fraud trial set for October
As IBJ reported last year, Houston-based American General Life Insurance Company is attempting to invalidate a $15
million policy it issued in January 2006 insuring the life of Germaine “Suzy” Tomlinson—Conseco Inc. co-founder
Stephen Hilbert’s mother-in-law—who died Sept. 28, 2008, at age 74.
Members: Anthem health plans subpar
Anthem Blue Cross and Blue Shield of Indiana fell slightly below average for customer satisfaction among scores of health
plans,
according to a new survey by California-based J.D. Power & Associates.
Shareholder group wants WellPoint to become not-for-profit
Proposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
Conseco trims CEO’s pay but gives exec team raises
James Prieur’s total compensation fell 5 percent last year to $3.3 million, but other Conseco executives saw pay hikes between
25 percent and 54 percent.
Conseco cuts 20 jobs at Carmel headquarters
Conseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
WellPoint faces biggest changes under new law
The Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing
the impact of health reform.
CEO: Conseco’s name no longer says insurance
Conseco Inc. CEO Jim Prieur says it’s time to change the company’s 27-year-old name partly because it’s become better associated
with a sports facility than with the insurer’s products.
Conseco seeking to change its name
Carmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group,
the company said Thursday morning.
Bill kicks off years of change for local health care players
Sweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
Reform offers risk, opportunities for Lilly, WellPoint
Drugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.
Congress passes historic health care bill
To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
Simon Property Group adds Glasscock to board
Former WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
WellPoint expects loss of 400,000 insured members this year
Indianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.