Insurance
Disappointing quarter puts WellPoint brass on hot seat
February 11, 2012
Greg AndrewsAnalysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing
of its Medicare Advantage senior coverage.
MoreLawsuit filed over denial of senior's home care
February 8, 2012
IBJ Staff and Associated PressA Carmel-based health insurer once owned by Conseco Inc. is being sued for refusing to pay claims for in-home care submitted
by California senior citizens.
MoreBaldwin & Lyons ends tough year with quarterly profit
February 2, 2012
Indianapolis-based Baldwin & Lyons Inc. turned a profit in the fourth quarter, but it wasn’t enough to erase a dismal
2011 plagued by catastrophic losses.
MoreUPDATE: WellPoint to boost primary-care pay
January 27, 2012
Associated PressHealth insurer WellPoint Inc. plans to improve primary care reimbursement and start paying for care management it doesn't
currently cover, changes that could give patients more quality time with their doctors.
MoreWellPoint shares sink after disappointing earnings report
January 25, 2012
IBJ Staff and Associated PressWellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed
to meet analyst expectations.
MoreIndiana deals ranged upward of $800 million
January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
MoreScrutiny rises on Bankers Life
January 9, 2012
J.K. WallAfter the insurer's name went on Indianapolis' downtown arena, CBS News focused on how hundreds of Bankers Life’s
long-term-care insurance policyholders have accused the company of having “beat them down with bureaucracy."
MoreWellPoint, other insurers profit from health law they oppose
January 5, 2012
Insurance companies spent millions of dollars trying to defeat the U.S. health-care overhaul. But profit margins at the companies
have widened to levels not seen since before the recession, a Bloomberg Government study shows.
MoreWellPoint prevails in shareholder suit over 2001 restructuring
December 28, 2011
Kathleen McLaughlinA federal judge has dismissed a shareholder class-action lawsuit against WellPoint stemming from the company’s 2001
conversion from a mutual insurer to a publicly traded company.
MoreFieldhouse gets Bankers Life name
December 22, 2011
Francesca JaroszIt will be difficult to rebrand the arena where the Indiana Pacers play, but team officials praised sponsor CNO Financial
for sticking with the $20 million naming-rights deal despite tough times.
MoreHotels already calling venue CNO Financial Fieldhouse
December 20, 2011
IBJ StaffThe Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
MoreExpress Scripts, WellPoint in contract fight
December 13, 2011
Associated PressPharmacy benefits manager Express Scripts Inc. said Tuesday it is in the middle of a contract dispute with WellPoint Inc.,
one of the biggest health insurers in the United States.
MoreMedical Mutual eyes Indiana for growth
December 12, 2011
J.K. WallHealth insurer expects enrollment in its health plan to grow 30 percent next year, to nearly 21,000. And then it expects growth
of another 40 percent.
MoreThird-quarter profit dips at OneAmerica
December 6, 2011
J.K. WallOneAmerica earned $15.4 million in the three months ended Sept. 30, down 53 percent from the same quarter a year ago. Most
of that difference came from a 17-percent jump in policy benefit payments.
MoreWellPoint won’t put brand-name Lipitor on generics list
December 1, 2011
Bloomberg NewsIndianapolis-based WellPoint Inc., the largest U.S. health insurer by enrollment, will favor a copy of the blockbuster cholesterol
medication made by Watson Pharmaceuticals Inc., the insurer said.
MoreDecatur Vein Clinic branches out
November 26, 2011
J.K. WallIn little more than a decade, former Conseco director Dr. David Decatur has turned his single-office family practice into
a multistate chain of vein clinics. A 14th location is planned.
MoreUnitedHealth to acquire Medicare insurer XLHealth
November 22, 2011
Bloomberg NewsUnitedHealth Group Inc. said it will acquire XLHealth Corp., a provider of managed care for chronically ill Medicare members.
Indianapolis-based WellPoint Inc. had been considering a possible acquisition of the company.
MoreFew employers say they'll drop health coverage
November 21, 2011
J.K. WallFew employers in Indiana say they’re likely to drop health benefits after state insurance exchanges are formed in 2014,
according to a new survey by the health benefits firm Mercer.
MoreSupreme Court to hear health care reform case this term
November 14, 2011
Associated PressThe Supreme Court said Monday it will hear arguments next March over President Barack Obama's health care overhaul —
a case that could shake the political landscape just as voters are deciding if Obama deserves another term.
MoreWellPoint eyes $1.5 billion deal for XLHealth
November 14, 2011
Bloomberg NewsOffers for XLHealth, a provider of managed care for chronically ill Medicare members, may value the company at $1.5 billion
to $2 billion.
MoreNew York orders WellPoint to make refunds for overcharges
November 10, 2011
Bloomberg NewsWellPoint is among 11 insurers ordered to refund money to almost 600,000 New Yorkers who were charged too much for health
insurance.
MoreCatastrophes deliver more losses to Baldwin & Lyons
November 3, 2011
J.K. WallThe auto and trucking fleet insurer lost $13 million, or 87 cents per share in the three months ended Sept. 30, compared with
profit of $9.2 million, or 62 cents per share, in the same period a year earlier.
MoreKaiser: Lack of competition endemic
October 31, 2011
J.K. WallIn a new study, Indiana ranked as the 19th least-competitive state for individual health insurance and the 27th least-competitive
for small-employer health insurance.
MoreInsurer Humana's quarterly profit climbs 13 percent
October 31, 2011
Associated PressHumana Inc. raised its 2011 earnings forecast, following the lead set by other big insurers, including competitor WellPoint
Inc.
MoreWellPoint's 3rd-quarter profit falls, but beats analyst estimates
October 26, 2011
IBJ Staff and Bloomberg NewsWellPoint earned $683.2 million in the third quarter, down 7.6 percent from the same quarter a year ago. But the company boosted
its per-share profit forecast for the rest of the year.
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Mike, I am confused by your message, what is it besides hiding behind a flag, a song, and a symbol. I am surpised you can find Indiana, you and your phony "Washington" outsider mentality. You are a legend in your own mind, come and see what it is like to work and live in this state. You are a lifelong politician, admit it and carry on.
Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans