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Health Care & Insurance
Tomisue Hilbert investigates mother's death, $15M insurance policy
April 17, 2010
Peter SchnitzlerThe 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.
MoreRockefeller: Insurers don't spend enough on medical care
April 15, 2010
Bloomberg NewsIndianapolis-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.
MoreEmployers want cake, and to eat it, too
April 13, 2010
J.K. WallEmployers are still trying to get their arms around what the new health insurance law will mean for them. But on the eve of
the law's passage last month, a survey by Indianapolis-based United Benefit Advisors LLC showed employers as a group had
no hope the law would reduce their costs but also no coherent plan for reforming the current system.
MoreWellPoint, UnitedHealth, grapple with medical-cost mandate
April 13, 2010
Bloomberg NewsA 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.
MorePurdue secures $15M to expand cancer research building
April 12, 2010
J.K. WallStimulus dollars from the National Institutes of Health expected to spark 30 to 40 new research jobs by 2013.
MoreHilbert in-law's insurance fraud trial set for October
April 12, 2010
Peter SchnitzlerAs 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.
MoreLilly sets date for move from Faris campus downtown
April 12, 2010
Work force reductions, new business structure make leased office space unnecessary. Moves will begin in late June.
MoreLilly diabetes drug may have cancer risk, FDA says
April 9, 2010
IBJ Staff and Bloomberg NewsOnce-weekly form of Byetta is awaiting the FDA's OK. Analyst predict the new version of the drug, if approved, could rack
up sales of $2 billion annually.
MoreLouisiana gets $20M in Lilly drug settlement
April 7, 2010
Associated PressLouisiana was one of 13 states that filed individual suits in state courts over allegations that Lilly pushed Zyprexa for
uses that had not been approved by federal regulators.
MoreHospitals stand to gain big by hiring docs
April 7, 2010
To understand why hospitals are so eager to employ physicians—and prevent them from owning their own facilities—look
no further than the latest data on how much doctors are paid compared with how much revenue they generate for hospitals.
MoreMembers: Anthem health plans subpar
April 7, 2010
J.K. WallAnthem 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.
MoreMedical oxygen plant in Plainfield closing; 130 to lose jobs
April 6, 2010
Relocating operations to an existing plant in Canton, Ga., will result in the loss of 130 jobs.
MoreShareholder group wants WellPoint to become not-for-profit
April 6, 2010
J.K. WallProposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
MoreVolunteers in Medicine fill need as boomers retire
April 3, 2010
Marc D. AllanNot-for-profit sees increasing numbers of patients, but can't plug the entire gap to be created by health care retirements.
MoreCompensation for WellPoint's Braly rises 51 percent
April 2, 2010
Associated PressStock options, bonus fuels CEO's pay.
MoreConseco trims CEO's pay but gives exec team raises
April 2, 2010
Peter SchnitzlerJames 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.
MoreLilly wins court ban on generic copy of Gemzar
April 1, 2010
Bloomberg News, Associated PressEli Lilly and Co. won a U.S. court ruling Wednesday that bars Teva Pharmaceutical Industries Ltd. from selling a generic version
of the cancer drug Gemzar until November.
MoreLilly drug wins U.K. backing as cancer therapy
April 1, 2010
Bloomberg NewsEli Lilly and Co.'s Alimta has received the preliminary backing of a United Kingdom agency as a maintenance treatment for
patients with the most common form of lung cancer.
MoreConseco cuts 20 jobs at Carmel headquarters
March 31, 2010
J.K. WallConseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
MoreWellPoint faces biggest changes under new law
March 31, 2010
J.K. WallThe Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing
the impact of health reform.
MoreEmployers fret over health care overhaul
March 27, 2010
J.K. WallMost employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
MoreLilly to let 115 workers go in new outsourcing deal
March 26, 2010
J.K. WallDeal with unit of Massachusetts-based Thermo Fisher Scientific would keep many of the employees working in same
location.
MoreHealth care bill burns local tanning industry
March 26, 2010
Anthony SchoettleWith one of the nation's largest tanning-bed manufacturers and dozens of salons in central Indiana, a 10-percent tax on tanning
could cost the region jobs.
MoreCEO: Conseco's name no longer says insurance
March 25, 2010
J.K. WallConseco 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.
MoreLilly eyes more animal-health acquisitions
March 25, 2010
IBJ Staff and Bloomberg NewsEli Lilly is interested in assets that may be offered for sale as a result of Sanofi-Aventis SA and Merck & Co.'s plan to
combine their veterinary units.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.