May 23, 2013
Bloomberg NewsCalifornia residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act
may end up paying higher premiums.
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May 15, 2013
IBJ StaffGeorge Bowman, 43, and Traci L. Bowman, 42, are accused of falsifying purchase records and fraudulently filing insurance claims
for expensive construction equipment they never purchased.
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May 14, 2013
Greg AndrewsOutside observers cast the departures of Lenox Baker, Sheila Burke and Susan Bayh as a positive that will allow new CEO Joseph
Swedish to recast the board.
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May 13, 2013
Bloomberg NewsLenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said
Monday in a regulatory filing.
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May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across
the country have been raising prices just because they can, according to a new study.
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May 11, 2013
Greg AndrewsA federal bankruptcy judge has slapped down an Anderson church that attempted to blame its bank for a failed scheme to finance
church upgrades by buying life insurance policies on its elderly members.
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May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
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May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
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May 2, 2013
J.K. WallThe bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty
insurer’s core business lost ground.
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April 30, 2013
Associated PressThe question of whether Indiana will expand Medicaid is now back in Gov. Mike Pence's hands, after lawmakers wrapped up
their session without mandating he expand coverage under the federal health care law or suggesting the route he should take.
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April 29, 2013
J.K. WallAccording to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
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April 24, 2013
IBJ StaffCNO Financial Group Inc. posted much lower earnings in the first quarter after suffering a $57.2 million loss in the period
on the extinguishment of debt.
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April 24, 2013
J.K. WallJoe Swedish, who took the helm of the Indianapolis-based health insurer a month ago, threw cold-water Wednesday on widespread
speculation that he will lead the company through a wave of buying hospitals and medical practices.
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April 24, 2013
J.K. WallThe Indianapolis-based health insurer easily beat Wall Street's expectations for earnings in the first quarter and revenue
rose 15 percent.
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April 22, 2013
Associated PressMany investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
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April 15, 2013
J.K. WallProponents of a Medicaid expansion in Indiana are playing up the economic boost the state and its businesses could see from
the expansion of health insurance coverage called for by President Obama’s health reform law.
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April 15, 2013
J.K. WallMike Ripley, a health care lobbyist for the Indiana Chamber of Commerce, talked about the business group’s
views on a proposed expansion of coverage by the Indiana Medicaid program. As it stands now, the 2013 Indiana budget bill
includes a plan passed by the Senate as Senate Bill 551, which would have OK’d the Pence administration to negotiate
a block grant deal with the U.S. Department of Health and Human Services to expand Medicaid coverage via a program like the
Healthy Indiana Plan. When that bill was altered in the House to remove the block grant concept, the Chamber dropped its support.
The altered House bill is now dead, and the original Senate plan has been added to the budget bill. Its ultimate fate is still
unknown
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April 11, 2013
IBJ Staff, Indiana Lawyer StaffThe Indiana Court of Appeals has affirmed a $14.5 million award of damages against State Farm Insurance to a Fishers-based
construction firm. The award is one of the largest defamation awards in U.S. history, according to the court.
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April 11, 2013
Bloomberg NewsIndiana, Michigan and South Carolina saw the steepest declines in employer-backed coverage from 2000 to 2011, according to
a study released Thursday.
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April 6, 2013
J.K. WallBrian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy
took place.
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April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
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April 2, 2013
Associated PressThe compensation paid to outgoing Wellpoint Inc. CEO Angela Braly last year rose 56 percent, even as the company's shares
slid on lower enrollment in its Blue Cross Blue Shield health plans.
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April 2, 2013
Bloomberg NewsShares of Indianapolis-based WellPoint rose along with those of other medical insurers Tuesday morning after the U.S. government
reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
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March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
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March 26, 2013
Associated PressA study by the nation's leading group of financial risk analysts shows the biggest driver of health insurance premiums
will rise by more than 67 percent for Indiana residents' individual policies under President Barack Obama's health
care overhaul.
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.