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Health Care Reform
Medicare Advantage may survive cuts under health reform
April 26, 2010
IBJ Staff and Bloomberg NewsThe two largest U.S. health insurance companies, UnitedHealth, based in Minnetonka, Minn., and WellPoint Inc., based in Indianapolis,
sell Advantage plans.
MoreIndy anti-diabetes experiment takes off
April 21, 2010
J.K. WallUnitedHealthcare believes a program tested in the Indianapolis area will help it save money on claims.
MoreDrug prices rise ahead of rebates
April 21, 2010
J.K. WallDrug prices rose faster last year than they have in a decade—just in time for big rebates the drug industry promised
as part of the health reform law.
MoreShares fall after Lilly earnings report
April 19, 2010
J.K. WallLilly shareholders are set to gather Monday in Indianapolis to hear an update on the company’s performance, including
how it will keep paying its generous dividend during the lean years after Zyprexa’s patent expiration.
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.
MoreStudy: Ditch reform, add public option
April 14, 2010
J.K. WallIn poll after poll, calls for repealing the new health insurance law get strong support. But if the law were repealed, an
Indiana University survey released this week shows that Americans want a surprising thing in its place: a public option.
MoreQ&A: Jim Parker
April 14, 2010
J.K. WallJim Parker was an executive at Anthem Blue Cross and Blue Shield and WellPoint for 14 years, including a year and a half as
chief of staff to CEO Angela Braly. He now is president of his own consulting firm, Meridian Strategic Advisors, in Indianapolis.
He spoke about the impact of the new health reform law on health insurers.
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.
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.
MoreDaniels one of health law's loudest critics
March 31, 2010
J.K. WallIndiana Gov. Mitch Daniels is fast becoming critic-in-chief of the health reform law.
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.
MoreDaniels warns of health bill's 'immorally huge' taxes
March 25, 2010
Associated PressDaniels 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.
MoreDocs fear reform will exacerbate ER overuse
March 24, 2010
J.K. WallOne of the most agreed-upon reasons for health care reform was the expensive overuse of the emergency room by uninsured patients.
But two Hoosier ER docs—one conservative, one liberal—say the implementation of ObamaCare will leave that fundamental
problem unresolved.
MoreObama signs historic $938 billion health care overhaul
March 23, 2010
Associated PressAttorneys 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.
MoreState attorney general looks to challenge health care bill
March 22, 2010
Associated PressAttorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court.
MoreBill kicks off years of change for local health care players
March 22, 2010
J.K. WallSweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
MoreReform offers risk, opportunities for Lilly, WellPoint
March 22, 2010
IBJ Staff and Bloomberg NewsDrugmakers 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.
MoreCongress passes historic health care bill
March 21, 2010
Associated PressTo pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
MoreWellPoint expects loss of 400,000 insured members this year
March 17, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
MoreIndiana health groups dial back lobbying
March 17, 2010
J.K. WallIndiana health-related companies were somewhat absent from the lobbying bonanza that gripped Washington, D.C., in 2009. For
all the heat and light about health reform, major Indiana companies actually spent slightly less to lobby Congress.
MoreChances of health reform passage soar
March 10, 2010
J.K. WallBy pounding health insurers such as WellPoint Inc., President Obama has greatly boosted his chances of success in the eyes
of Wall Street. But to make his health reform bill reality, he might need to answer the less-than-reassuring news coming from
Massachusetts.
MoreWellPoint records subpoened in California probe
February 26, 2010
Bloomberg NewsThe California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint,
believing that their rate-setting and claims practices might be illegal.
MoreStudy: Hospital clout spurs higher Calif. health costs
February 26, 2010
Bloomberg NewsWhile insurers get the blame for rising health-care costs for consumers, surging fees from hospitals and the growing dominance
of such providers may be just as responsible for driving up expenses, according to a new study examining California's
market.
MoreWellPoint CEO blames health costs for hikes
February 24, 2010
Associated PressAmid attacks from Democrats over high executive salaries, Angela Braly testified in Washington, D.C., on Wednesday that big
insurance-premium increases are
the result of growing price tags for hospital care and pharmaceuticals.
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True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."