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Health Care & Insurance
State law aims to attract doctors to areas in need of care
July 20, 2009
Scott OlsonA state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.
MoreBATTEN: FTC could resolve antitrust concerns on health care reform
July 20, 2009
Linda M. BattenPresident Obama recently announced a cooperative initiative where health care industry leaders plan to
work together to reform the ailing health care system. Shortly after that announcement, the national
media machine spawned considerable concern among several health care groups that the cooperative effort might violate
federal antitrust laws for collusion and price fixing among competitors.
MoreDrug industry funds Democrat-led panel on health care reform
July 20, 2009
J.K. WallThe pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.
MorePEASE: Archaic physical therapy laws drive up health costs
July 20, 2009
Brian PeaseIf you want to see a physical therapist in Indiana, you must first see a physician for a consultation
and referral. It’s the law. Indiana is one of only six states where patients are denied direct
access to physical therapy treatment, and one of only two states where evaluation without referral is
prohibited.
MoreLong-term-care business to help Wishard cover construction debt
July 20, 2009
J.K. WallTo pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.
MoreHilbert in-law's life insurance dispute takes odd turn
July 13, 2009
Peter SchnitzlerLocal businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
MoreEndocyte, Purdue develop prostate cancer treatment device
July 13, 2009
IBJ StaffPurdue University researcher Philip Low, also the chief science officer for West Lafayette-based Endocyte Inc., has developed
a prostate cancer “homing device” to help anti-cancer agents specifically target prostate
cancer tumors.
MoreConseco reinsurance deal swaps profits for cash
July 13, 2009
IBJ StaffCarmel-based Conseco Inc., still a bit strapped for cash, brought in a reinsurance company to shoulder some of the risk
of its life insurance policies. Minnesota-based Wilton Reassurance Co. will pay $57.5 million to Conseco as a ceding
commission to co-insure and administer 104,000 policies held by Conseco subsidiaries.
MoreBREAKING: FDA approves Lilly blood-thinner prasugrel
July 10, 2009
J.K. WallEli Lilly and Co. finally won approval today from U.S. regulators to sell prasugrel, its highly anticipated blood thinner,
according to Bloomberg News.
MoreIndianapolis benefits firms merge
July 8, 2009
J.K. WallTwo 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.
MoreLilly cancer drug OK'd for new use
July 6, 2009
J.K. WallEli Lilly and Co.'s top rising-star drug has been approved by U.S. regulators for a new use, an event that could boost sales
of
the medication. Alimta, a lung cancer drug, was approved as a maintenance therapy for non-small cell lung cancer
for certain patients, Lilly announced today.
MoreLilly kicks lobbying into high gear
July 6, 2009
IBJ StaffOnce again, Indianapolis-based Eli Lilly and Co. is running in the lead pack in dollars spent to bend ears on Capitol Hill.
And that was even before the health care reform debate got rolling.
MoreCummins sues insurers over $381M in flood claims
June 29, 2009
Peter SchnitzlerCummins Inc. is battling its insurers in court, saying they're refusing to pay
most of the company's $381 million in claims stemming from the flood that immersed its southern Indiana
facilities a year ago.
MorePeterson has passion for health care and new Lilly position
June 29, 2009
J.K. WallA new communications post at Eli Lilly gives former mayor Bart Peterson an opportunity to meld his experiences in the public
and private sectors.
MoreA.J. Gallagher & Co. strikes again, hires two more benefits brokers
June 29, 2009
IBJ StaffNational 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.
MoreGovernment-run insurance plan draws mixed reviews from employers
June 22, 2009
J.K. WallBusinesses 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.
MoreProfs trying to revolutionize drug discovery process
June 22, 2009
IBJ StaffTwo chemistry professors at IUPUI are laboring to create the McDonald's of research laboratories—a model that's low-cost
and can spread around the world.
MoreReport says Indiana health care is over-specialized
June 1, 2009
Hoosiers see too many specialty physicians and are driving up health care costs as they do, according to a recent study by
the Indiana University Center for Health Policy.
MoreLed by educators instead of investment specialists, state teachers fund fell into $67M hole
May 25, 2009
J.K. WallThe people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance,
likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.
MoreInsurers not attracting young people
May 25, 2009
Two-thirds of college-age Americans say health insurance is as important as salary when looking at jobs. Yet just as many have made no plans to obtain health insurance once they graduate from school this month.
Simple invention targets blanket problem for surgical patients
May 25, 2009
Chris O'MalleyIn a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech,
given that its latest product is nothing more than a warm blanket.
MoreWishard squeezes in more patients
May 18, 2009
Occupancy at Wishard Hospital was 98 percent before the recession and is still that high, and more people have been coming
as inpatients and as mental health patients, forcing the hospital to come up with creative ways to handle the load.
MoreClarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
May 18, 2009
J.K. WallClarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new
nonprofit group called the Indiana Clinic.
MorePrices salty and getting saltier at Indiana nursing homes
May 11, 2009
The cost of nursing home care in Indianapolis is rising faster than in the rest of the country, according to an annual survey
of long-term-care costs by Virginia-based Genworth Financial.
MoreActivist shareholder makes case against Conseco's board
May 11, 2009
J.K. WallAn activist shareholder vying to become a director of Conseco Inc. says the insurance company's board "completely misjudged"
the risks it faced when it emerged from bankruptcy in 2003 and hasn't recovered since. Now an independent shareholder advisory
firm is siding with him.
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Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.
If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.