June 17, 2013
Associated PressIndiana drivers who have to show proof of insurance to police after an accident or traffic violation can do so electronically
starting July 1 under a new law that signals an increasing use of technology in insurance laws.
More
May 29, 2013
Associated PressHealth insurer WellPoint Inc. has named Lewis Hay III to its board of directors after announcing earlier this month that three
members had resigned for personal reasons.
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
April 29, 2013
J.K. WallAccording to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
More
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.
More
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.
More
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.
More
April 22, 2013
Associated PressMany investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
More
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.
More
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
More
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.
More
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.
More
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.
More
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.
More
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.
More
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.
More
These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.