Employee Benefits

Q&A

May 12, 2010
J.K. Wall
Joe Guzman is a co-founder of Indianapolis-based Ascend USA, the new trade adopted after Guzman merged his benefits brokerage, Benefits Strategies Inc., with benefits business Steven Goodin. The eight-person firm expects to hire as many 15 new employees in the next year. Those workers will help Ascend diversify from health benefits into brokering commercial insurance products.
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WellPoint faces biggest changes under new law

March 31, 2010
J.K. Wall
The Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing the impact of health reform.
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Reform offers risk, opportunities for Lilly, WellPoint

March 22, 2010
 IBJ Staff and Bloomberg News
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.
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WellPoint gets tax delay in Obama health plan

February 22, 2010
Bloomberg News
Insurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional funding for expanding Medicaid, under a White House proposal
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Obama endorses new taxes, more drugmaker fees

February 22, 2010
Bloomberg News
Obama, seeking to break an impasse over health-care legislation, proposes a plan that includes the first Medicare tax on unearned income such as capital gains and higher fees on drugmakers.
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Wintry weather testing work snow-day policies

February 15, 2010
Scott Olson
Coping with wintery blasts is made easier by advancements in work-from-home technology. But different kinds of companies have different policies when it comes to giving employees the option to telecommute or blow off the workday altogether.
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Grass-roots groups prepare to fill gaps in health care reform

January 2, 2010
J.K. Wall
Legislation set to come out of Washington will not change the most fundamental problems of the health care system, leaving it up to states, cities and companies to figure out what to do about it.
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Shepherd Insurance buys rival DeTrude & Co.

December 2, 2009
J.K. Wall
The acquisition of DeTrude & Co. by Shepherd Insurance marks the 13th purchase of an Indianapolis-area benefits brokerage since mid-2007.
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Employer costs surge despite low inflation

November 25, 2009
J.K. Wall
Employers are seeing their health care costs rise even though inflation is at a virtual standstill.
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Fewer firms reimbursing workers for tuitionRestricted Content

November 21, 2009
Scott Olson
As corporations continue to dig out from the worst recession in decades, tuition-reimbursement programs are a common casualty. A survey estimates that 63 percent of companies will offer undergraduate educational assistance this year compared to 67 percent in 2005.
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WellPoint, Obama administration battle over cost of health reform to employers

November 7, 2009
 IBJ Staff
At this point in the health reform debate, you have to take numbers from any side with a grain of salt. That said, Indianapolis-based WellPoint Inc. has done perhaps the only local analysis of how proposed reforms would affect the cost of health insurance for employers.
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Goodwill executive to lead national health care boardRestricted Content

October 24, 2009
Scott Olson
Goodwill Industries executive Keith Reissaus has been tapped to run Washington, D.C.-based Leapfrog Group, an industry coalition. Reissaus gained control of health care costs by giving employees incentives to care about their health.
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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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My Health Care Manager lands $3 million investmentRestricted Content

October 10, 2009
Peter Schnitzler
The company, which guides working adults and their parents through the maze of decisions and agencies involved in care for seniors, plans to use the money primarily to augment its sales staff and operations.
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Weight-loss challenges at local firms raise money for charity

September 19, 2009
 IBJ Staff
Employees at five different companies collectively lost 805 pounds over six weeks this summer. They also raised $805 for Big Brothers/Big Sisters of Central Indiana.
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Monarch program persuades young, male workers to care about their healthRestricted Content

August 24, 2009
Marc D. Allan
Indianapolis-based Monarch Beverage is among hundreds of central Indiana companies that have introduced wellness programs to counteract the rising costs of health insurance and Worker’s Compensation.
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HETRICK: Will we distinguish the faux news from the real?Restricted Content

August 24, 2009
Bruce Hetrick
There was a time, of course, when journalists had the time, space, resources and respect to sort things out for us.

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My Health Care Manager looks to grow fastRestricted Content

August 24, 2009
J.K. Wall
Indianapolis-based startup My Health Care Manager has signed an agreement with Indianapolis-based WellPoint Inc. that will eventually put My Health Care Manager’s elder care service in front of the health insurer’s thousands of employer clients and their workers around the country.
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HICKS: Health care experts make poor economists

August 17, 2009
Mike Hicks
In almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think this a healthy thing.
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Indianapolis benefits firms merge

July 8, 2009
J.K. Wall
Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning. Terms of the deal between Benefit Associates Inc. and Benefit Consultants Inc., in the works since March, were not disclosed.
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A.J. Gallagher & Co. strikes again, hires two more benefits brokersRestricted Content

June 29, 2009
 IBJ Staff
National acquisition-and-merger rage among benefits firms continues as Gallagher swallows groups in Noblesville and Louisville. Gallagher's Carmel office grows its client portfolio to 300.
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Government-run insurance plan draws mixed reviews from employersRestricted Content

June 22, 2009
J.K. Wall
Businesses all want to see reform of the health care system, but they diverge on how much the U.S. government's entrance into the insurance market would help or hurt them.
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Gallagher buys two more brokers to increase sizeRestricted Content

December 8, 2008
Dane Hudson continues an acquisition binge aimed at making Arthur J. Gallagher & Co. a stronger health benefits broker in the Indianapolis market.
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Executives must stress wellness program benefits consistentlyRestricted Content

November 10, 2008
Health care benefits that promote wellness should be an ongoing executive suite focus, not simply an annual budget concern.
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Janitors want Lilly, WellPoint to push for better health benefitsRestricted Content

April 14, 2008
J.K. Wall
Service Employees International Union Local 3 is backing local janitors as they restart contract negotiations April 16 with five of the largest janitorial contractors in Indianapolis. SEIU now is taking direct aim at Lilly, health insurer WellPoint Inc. and even some local hospitals, hoping they will pressure the janitorial contractors to come to terms.
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