Health Care & Insurance

Louisiana gets $20M in Lilly drug settlement

April 7, 2010
Associated Press
Louisiana 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.
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Hospitals 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.
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Members: Anthem health plans subpar

April 7, 2010
J.K. Wall
Anthem 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.
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Medical 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.
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Shareholder group wants WellPoint to become not-for-profit

April 6, 2010
J.K. Wall
Proposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
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Volunteers in Medicine fill need as boomers retire

April 3, 2010
Marc D. Allan
Not-for-profit sees increasing numbers of patients, but can't plug the entire gap to be created by health care retirements.
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Compensation for WellPoint's Braly rises 51 percent

April 2, 2010
Associated Press
Stock options, bonus fuels CEO's pay.
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Conseco trims CEO's pay but gives exec team raises

April 2, 2010
Peter Schnitzler
James 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.
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Lilly wins court ban on generic copy of Gemzar

April 1, 2010
Bloomberg News, Associated Press
Eli 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.
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Lilly drug wins U.K. backing as cancer therapy

April 1, 2010
Bloomberg News
Eli 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.
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Conseco cuts 20 jobs at Carmel headquarters

March 31, 2010
J.K. Wall
Conseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
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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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Employers fret over health care overhaul

March 27, 2010
J.K. Wall
Most 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.
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Lilly to let 115 workers go in new outsourcing deal

March 26, 2010
J.K. Wall
Deal with unit of Massachusetts-based Thermo Fisher Scientific would keep many of the employees working in same location.
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Health care bill burns local tanning industry

March 26, 2010
Anthony Schoettle
With 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.
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CEO: Conseco's name no longer says insurance

March 25, 2010
J.K. Wall
Conseco 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.
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Lilly eyes more animal-health acquisitions

March 25, 2010
 IBJ Staff and Bloomberg News
Eli 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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Conseco seeking to change its name

March 25, 2010
 IBJ Staff and Bloomberg News
Carmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group, the company said Thursday morning.
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Daniels warns of health bill's 'immorally huge' taxes

March 25, 2010
Associated Press
Daniels told members of the Economic Club of Indianapolis that it's ridiculous for anyone to suggest the nearly $1 trillion health care overhaul signed into law Tuesday by President Barack Obama won't add to the nation's debt.
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IU study: Money matters to docs

March 24, 2010
J.K. Wall

Think doctors and hospitals aren’t influenced by money? Think again. Patients seen at private facilities reimbursed by Medicare were 5.5 times more likely to receive routine cataract surgery than patients at poorly funded Veterans Affairs facilities.

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Obama signs historic $938 billion health care overhaul

March 23, 2010
Associated Press
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
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Ariad loses $65M patent appeal against Eli Lilly

March 22, 2010
Bloomberg News
Monday's decision throws out a $65.2 million patent-infringement verdict won by Ariad for royalties on Lilly's osteoporosis drug Evista and sepsis medicine Xigris.
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State attorney general looks to challenge health care bill

March 22, 2010
Associated Press
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in court.
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Bill kicks off years of change for local health care players

March 22, 2010
J.K. Wall
Sweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers and more will eventually feel impact.
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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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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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