CNO Financial suffers $529M quarterly loss on reinsurance deal
Carmel-based insurance holding company CNO Financial Group Inc. on Wednesday reported a big third-quarter loss despite sales growth in all three of its business units.
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Anthem boosts forecast after Q3 jump in earnings, revenue
Indianapolis-based Anthem Inc. added more Medicare customers and continued to clamp down its biggest expense, benefit payouts, in the third quarter.
Shoppers may face hard choices again on health marketplaces
Much of the insurance left on the Affordable Care Act marketplaces limits patients to narrow networks of hospitals or doctors and provides no coverage outside those networks.
Insurer Anthem agrees to pay record $16M for massive data breach
The nation’s second-largest health insurer has agreed to pay the government a record amount to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday.
Thousands of insurance appeals went to doctor feds say is fraud
Former orthopedic surgeon Spyros Panos seemed like a successful orthopedic surgeon, but he’s accused of a decade-long stretch of criminal activity that netted him millions of dollars. Among the companies that indirectly used Panos' services was Indianapolis-based Anthem Inc.
No immediate ruling in GOP’s latest Obamacare lawsuit
The latest push to scrap the Affordable Care Act once and for all pressed ahead Wednesday as Republican-controlled states asked a federal judge to finish what Congress started last year.
Insurance companies approach Trump health plans cautiously
Insurance companies say it will take time to design new plans and get approval from state regulators.
Carmel-based insurer Baldwin & Lyons changes its name
In addition to dropping the name it has used for the past 52 years, the Carmel-based public company is changing its ticker symbols on the NASDAQ market.
Trump’s cheaper short-term health plans include coverage gaps
The Trump administration on Wednesday cleared the way for insurers to sell short-term health plans as a bargain alternative to pricey Obamacare policies for people struggling with high premiums.
Anthem hikes 2018 forecast after better-than-expected quarterly earnings
Lower medical expenses, acquisitions and enrollment gains helped profit rise 23 percent for the Indianapolis-based insurer in the second quarter.
Obamacare fix in the works after risk payments halted
The Trump administration is preparing a regulation that would allow the resumption of billions of dollars in payments to health insurers in Obamacare, a development welcomed by Indianapolis-based Anthem Inc.
Anthem could take big hit from halt to risk-adjustment payments
The Trump administration’s decision to suspend some Obamacare payments could help a few health insurers, but one of them isn’t going to be Indianapolis-based Anthem Inc., which stands to lose hundreds of millions of dollars.
How sky-high deductibles have hurt consumers and America’s health insurance system
Many families are hard-pressed to meet soaring deductibles and have put off routine care or skipped medication to save money. The resulting health problems can be enormously costly for the medical system.
Premiums could edge up an average of 5 percent for Indiana’s Obamacare plans
The Indiana Department of Insurance said it expects all 92 counties to be covered by the plans next year. The state has until Sept. 25 to approve them.
Worker protections seen at risk in Trump health care shift
The Trump administration's latest move against "Obamacare" could jeopardize legal protections on pre-existing medical conditions for millions of people with employer coverage, particularly workers in small businesses, say law and insurance experts.
Exec blamed for leadership exodus at Baldwin & Lyons resigns from firm
Steven Shapiro—who was blamed for a major squabble that sent three top executives fleeing from Carmel-based Baldwin & Lyons Inc. two years ago—has now himself left the insurance company.
Anthem seeks to use downtown green space for 60-space exec parking lot
The insurer is asking for a zoning variance to install a fenced-in lot covered by solar panels on a grassy space off Virginia Avenue.
Former Anthem fraud investigator charged in $20M billing operation
Authorities say the former longtime Anthem investigator conspired with four others to help clinics submit false claims to the Indianapolis-based insurer for procedures not covered by insurance.
Anthem to acquire palliative care provider
The purchase is part of the insurance giant’s strategy of bringing provider assets in-house.
Anthem received no public incentives to keep HQ in Indy, officials say
City and state officials said Tuesday they have been working with Anthem for some time but did not offer the company tax breaks in exchange for its decision to spend $20 million to renovate its huge campus on Virginia Avenue, just south of downtown.