Anthem

WellPoint stock surging on positive analyst forecasts

January 7, 2010
 IBJ Staff and Associated Press
The long-term outlook for health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based WellPoint to benefit in 2010.
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New Anthem pay-for-performance program gives docs $3.1M

November 14, 2009
J.K. Wall
Anthem Blue Cross and Blue Shield of Indiana is doling out $3.1 million to Indianapolis-area doctors—its first payments based on a local quality measuring system.
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Senate probing WellPoint, others over small-biz rates

November 4, 2009
 IBJ Staff and Associated Press
The Senate health care committee is investigating how health insurers, including Indianapolis-based WellPoint Inc., price the coverage they sell to small businesses.
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Health insurer Anthem's market share swells

October 31, 2009
J.K. Wall
Indianapolis-based WellPoint Inc.'s Anthem Blue Cross and Blue Shield subsidiary claimed 42.5 percent of central Indiana residents covered by private health insurance this year, up from 35-percent last year, according to a market research firm.
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WellPoint shares flat after profits beat analyst predictions

October 28, 2009
J.K. Wall
WellPoint Inc.'s third-quarter profits soared above analysts' expectations, but the insurer remains cautious in the face of the flu and high unemployment.
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WellPoint's third-quarter profits beat expectations

October 28, 2009
J.K. Wall
WellPoint Inc.'s third-quarter profits fell 11 percent, the company reported this morning, but still soared above analysts' expectations.
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Baucus health reform bill draws fire in Indiana, too

October 17, 2009
 IBJ Staff
The health insurance industry’s sudden counterpunch to the Senate version of health reform echoed in Indiana and opened a key issue for the rest of the debate: Will covering half of the country’s uninsured mean raising premiums for the 85 percent of Americans who already have insurance?
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St. Francis, Anthem finalize health insurance contract

September 1, 2009
Scott Olson
The St. Francis hospital system has finalized a multiyear agreement with Anthem Blue Cross and Blue Shield of Indiana, ending a months-long dispute over insurance-reimbursement costs, the parties said yesterday.
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Anthem, St. Francis reach agreement in principle

August 29, 2009
 IBJ Staff
The St. Francis hospital system has reached a tentative contract agreement with Anthem Blue Cross and Blue Shield of Indiana, ending a disagreement over insurance reimbursement costs, the parties said today.
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Anthem gift will sponsor resource guide for seniorsRestricted Content

April 13, 2009
Thanks to a $45,390 grant from Anthem Blue Cross and Blue Shield, the Central Indiana Council on Aging will offer seniors more information and support via its Web site.
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What computer problems? Customers still laud AnthemRestricted Content

April 13, 2009
Despite a year when it made doctors around the state boil with frustration, Anthem Blue Cross Blue Shield still outscored most of its peers in a customer satisfaction rating.
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Let's set record straight on benefitsRestricted Content

March 2, 2009
The insurance industry and [Indiana] Chamber of Commerce are providing misleading and untruthful statements to employers and their insured members about assignment of benefits.
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Anthem needs to be reined inRestricted Content

January 26, 2009
[In response to a Jan. 12 story,] it's apparent that Anthem takes full advantage of the virtual monopoly it enjoys in Indiana and it does so on the backs of not only doctors and hospitals, but most assuredly on its paying customers, as well.
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Legislation takes aim at AnthemRestricted Content

January 12, 2009
J.K. Wall
Anthem Blue Cross and Blue Shield's growing market dominance in Indiana is sparking a backlash from doctors who plan to push a bill this year in the Indiana General Assembly that would allow physicians to reject patients covered by massive health insurer.
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Anthem: tops in Indiana, but middle of the road nationallyRestricted Content

November 17, 2008
Anthem Blue Cross and Blue Shield of Indiana ranked highest among health care plans that primarily serve Indiana, but didn't even crack the top 100 nationally in a new study.
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St. Francis Hospitals, Anthem disagree over health insurance reimbursementsRestricted Content

November 10, 2008
The St. Francis hospital system and Anthem Blue Cross and Blue Shield of Indiana are haggling over insurance reimbursement costs. The original demand of Sisters of St. Francis Health Services Inc. would have increased reimbursement amounts $80 million over three years, Rick Rhodes, an Anthem regional vice president, wrote in an Oct. 30 letter to employers covered by Anthem. The increase would mean $12 million more in out-of-pocket costs to Anthem customers. But St. Francis claims its request for an increase only brings it in line with what other hospitals are getting.
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Anthem increases its hold on IndianaRestricted Content

March 24, 2008
J.K. Wall
Anthem Insurance Co. added nearly 75,000 commercial customers last year, pushing its total up more than 4 percent. Anthem, a subsidiary of Indianapolis-based WellPoint Inc., now claims a whopping 1.8 million commercial customers in the state. The trouble is, Anthem's dominance limits price competition, according to benefits brokers, making it hard for local HMOs such as M-Plan or even some national players to compete.
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WellPoint adjusts to executive exodusRestricted Content

October 22, 2007
J.K. Wall
Fifteen senior executives have left WellPoint Inc. since November 2004, when the giant health insurer formed through Indianapolis-based Anthem Inc.'s $16.5 billion acquisition of California-based WellPoint Health Networks Inc. The merger made many of them rich, work at WellPoint was grueling, and personal commitments called. So they moved on.
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Bill challenges WellPoint's 'favored' statusRestricted Content

March 26, 2007
J.K. Wall
A bill moving through the Indiana General Assembly could remove one of the major weapons Anthem Blue Cross and Blue Shield has used to preserve its market dominion. Senate Bill 114 would forbid health care providers from granting Anthem--or any other health insurer--so-called "most favored nation" clauses.
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  1. President Obama has referred to the ACA as "Obamacare" any number of times; one thing it is not, if you don't qualify for a subsidy, is "affordable".

  2. One important correction, Indiana does not have an ag-gag law, it was soundly defeated, or at least changed. It was stripped of everything to do with undercover pictures and video on farms. There is NO WAY on earth that ag gag laws will survive a constitutional challenge. None. Period. Also, the reason they are trying to keep you out, isn't so we don't show the blatant abuse like slamming pigs heads into the ground, it's show we don't show you the legal stuf... the anal electroctions, the cutting off of genitals without anesthesia, the tail docking, the cutting off of beaks, the baby male chicks getting thrown alive into a grinder, the deplorable conditions, downed animals, animals sitting in their own excrement, the throat slitting, the bolt guns. It is all deplorable behavior that doesn't belong in a civilized society. The meat, dairy and egg industries are running scared right now, which is why they are trying to pass these ridiculous laws. What a losing battle.

  3. Eating there years ago the food was decent, nothing to write home about. Weird thing was Javier tried to pass off the story the way he ended up in Indy was he took a bus he thought was going to Minneapolis. This seems to be the same story from the founder of Acapulco Joe's. Stopped going as I never really did trust him after that or the quality of what being served.

  4. Indianapolis...the city of cricket, chains, crime and call centers!

  5. "In real life, a farmer wants his livestock as happy and health as possible. Such treatment give the best financial return." I have to disagree. What's in the farmer's best interest is to raise as many animals as possible as quickly as possible as cheaply as possible. There is a reason grass-fed beef is more expensive than corn-fed beef: it costs more to raise. Since consumers often want more food for lower prices, the incentive is for farmers to maximize their production while minimizing their costs. Obviously, having very sick or dead animals does not help the farmer, however, so there is a line somewhere. Where that line is drawn is the question.

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