Insurance Regulators

Indiana says insurers can't reinstate canceled policies

November 20, 2013
J.K. Wall
The state insurance department said Wednesday morning that to do so would "create logistical chaos" and "destabilize" Indiana's individual health insurance market.
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State: It’ll be Christmas before we can talk to Obamacare website

November 4, 2013
J.K. Wall
Indiana officials don't expect HealthCare.gov to be able to share individual account information with the state’s Medicaid computer systems until the end of the year.
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Shutdown orders issued as Congress misses deadline

October 1, 2013
Associated Press
For the first time in nearly two decades, the federal government staggered into a partial shutdown Monday at midnight after congressional Republicans demanded changes in the nation's health care law and President Barack Obama and Democrats refused.
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Bankers Life paying $10M fine following securities probe

April 5, 2012
Cory Schouten
CNO Financial Group Inc. has agreed to pay $9.9 million to settle allegations by regulators in four states that its Bankers Life subsidiary acted as an investment adviser and broker-dealer without proper state licensing.
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Employers face messy decision to drop health insuranceRestricted Content

July 9, 2011
J.K. Wall
Companies that drop insurance coverage could, without spending any more money than they are now, give workers an 11-percent raise or else help them save as much as $2,000 per year buying health coverage in one of the exchanges, IBJ calculations show.
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Health insurers lose push to ease rate review

May 20, 2011
Bloomberg News
U.S. insurers led by WellPoint Inc. and UnitedHealth Group Inc. failed to get federal regulators to change a rule in the 2010 health-care overhaul that triggers a review of any premium increases exceeding 10 percent.
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Execs from WellPoint, peers meet to hone health-law lobby

January 31, 2011
Bloomberg News
Top executives from WellPoint Inc. and UnitedHealth Group Inc. are meeting almost monthly with their counterparts from Aetna Inc., Cigna Corp. and Humana Inc. in an informal lobbying alliance aimed at blunting parts of the health-care law, say sources with knowledge of the sessions.
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Rules mostly falling WellPoint's way

September 29, 2010
J.K. Wall
Health insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
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Health overhaul's $264M question weighs down WellPoint

September 22, 2010
Bloomberg News
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.
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California OKs Anthem rate hike after controversy

August 25, 2010
Associated Press
The California Department of Insurance said Wednesday it approved a rate increase averaging about 14 percent for Anthem Blue Cross customers. The department also OK'd a nearly 19-percent increase for Blue Shield of California.
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Obama gives states $250 million to review insurance premiums

June 7, 2010
WellPoint may face the most threat from more aggressive reviews. The Indianapolis insurer is the leader in small-business and individual policies, areas that have seen the biggest increases in recent years.
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Consumer group sues Anthem over policy changes

March 1, 2010
Associated Press
A consumer watchdog group filed a lawsuit Monday against WellPoint's California subsidiary on behalf of policyholders, claiming they were pushed to take coverage with fewer benefits and higher deductibles.
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WellPoint records subpoened in California probe

February 26, 2010
Bloomberg News
The California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint, believing that their rate-setting and claims practices might be illegal.
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WellPoint CEO blames health costs for hikes

February 24, 2010
Associated Press
Amid 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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Insurers warn of problems with federal regulator

February 22, 2010
Associated Press
President Obama's latest push for a health care overhaul could drive health plans around the country into insolvency, according to an insurance trade group.
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WellPoint, insurance commissioner get earful from lawmakers

February 17, 2010
J.K. Wall
State House insurance committee chair grills executives about WellPoint's 21-percent premium increase for individual policyholders in Indiana.
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State lawmakers to probe WellPoint premium hikes

February 17, 2010
J.K. Wall
Three WellPoint executives will be on hand Wednesday morning to answer questions about premium increases on its individual policies, which have risen as high as 39 percent this year.
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WellPoint delays investor meeting to testify on rate flap

February 16, 2010
Bloomberg News
The Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its earnings forecast is now less clear.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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