Insurance

Baldwin & Lyons' profit falls on smaller investment gains

October 31, 2013
 IBJ Staff
Premiums written by the firm’s insurance subsidiaries hit $96.6 million, an increase of nearly 19 percent over the third quarter a year ago and 4 percent over the second quarter.
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CNO Financial's profit, revenue up in third quarter

October 28, 2013
 IBJ Staff
CNO Financial Group Inc. on Monday reported a third-quarter profit of $283 million, a significant jump from the money-losing quarter it experienced a year ago.
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Home insurers changing policies, raising premiums in wake of losses

October 26, 2013
Scott Olson
Big claims in recent years are driving up prices of policies in Indiana and causing some insurers to cut back coverage.
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Insurers brainstorm with Obama staff on health exchange fix

October 23, 2013
Bloomberg News
The heads of WellPoint Inc., Aetna Inc. and at least 10 other insurers met with the Obama administration Wednesday to discuss correcting flaws in how data from the U.S. health-care marketplaces is transferred to the companies.
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Insurer CEOs head to White House to talk Obamacare troubles

October 23, 2013
Bloomberg News
Health insurance execs, including WellPoint Inc. CEO Joseph Swedish, will meet with top White House officials Wednesday as the president seeks to contain political damage from the disastrous rollout of Obamacare.
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WellPoint's profit drops, but whips expectations

October 23, 2013
J.K. Wall
The giant health insurer raised its full-year profit forecast 40 cents per share, emboldened by stabilized customer rolls and slowing medical claims.
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Lawmaker says state suit could end tax break for 400,000

October 9, 2013
 The Statehouse File
A key House Democrat says a lawsuit filed by the attorney general challenging the Affordable Care Act could lead to 400,000 Hoosiers losing out on tax breaks meant to make the insurance more affordable.
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State, schools sue U.S. government over Obamacare

October 8, 2013
 The Statehouse File
Fifteen Indiana school districts and the state of Indiana have filed a lawsuit challenging the federal health care law and subsidies that are available to Hoosiers under rules set by the IRS.
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Technology on track to dramatically change health care

October 5, 2013
J.K. Wall
Cost pressures are forcing health care providers to extend the reach of limited resources.
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HEIGHT: New patients could overload the systemRestricted Content

October 5, 2013
Jay Height / Special to IBJ
We all agree that something needs to be done for our challenged health care system. But is the new health care law what we need? Will this help those who are poor receive health care they need?
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MCCARTY: Clear the path to the federal MarketplaceRestricted Content

October 5, 2013
Sally McCarty / Special to IBJ
Battles over the Affordable Care Act have raged since President Obama signed it into law in March 2010—and it’s time they stop.
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THOMAS: Confusion about health care act aboundsRestricted Content

October 5, 2013
Matt Thomas / Special to IBJ
As president of a professional employer organization, I spend an enormous amount of time dealing with the complexities of the Affordable Care Act from the perspective of an employer sponsoring a health insurance plan.
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Health Care & Benefits Power Breakfast TranscriptRestricted Content

October 5, 2013
Read the discussion of experts gathered by Indianapolis Business Journal.
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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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Government edges closer to shutdown over Obamacare

September 30, 2013
Associated Press
About 800,000 federal workers could be forced off the job after midnight if Congress can't cut an eleventh hour deal on the budget, complicated by the GOP's attempt to delay Obamacare.
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Insurance broker growth part of Fort Wayne project

September 23, 2013
Associated Press
An insurance brokerage will relocate its Fort Wayne headquarters to a new $71 million downtown mixed-use project and create 115 jobs by 2017, Mayor Tom Henry said Monday.
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Anthem rolls out new bonus system for docsRestricted Content

September 21, 2013
J.K. Wall
The Indianapolis-based health insurer expects to pay, on average, $3.50 per month for every patient enrolled in one of Anthem’s commercial health plans.
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WellPoint adds consulting executives to board

September 17, 2013
Associated Press
The Indianapolis-based insurer said Tuesday that John Short and Elizabeth Tallett will join its 11-member board Wednesday and Oct. 1, respectively.
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Analyst foresees managed care growth in 2014

September 16, 2013
Associated Press
Major health insurers like WellPoint Inc. are in line for another year of growth, as the health care overhaul implements key elements in its push to cover millions of uninsured people.
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Anthem to omit some big hospitals from exchange networkRestricted Content

September 14, 2013
J.K. Wall
Most of Indianapolis’ major hospitals and physician practices will not be available through Anthem’s exchange plan, but instead will be working with a health plan run by Indianapolis-based MDwise Inc.
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Healthy Indiana Plan extends trial run a year

September 3, 2013
Associated Press
Indiana is being granted a limited extension of its Healthy Indiana Plan while state and federal health care leaders continue negotiating a possible Medicaid expansion.
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Johnson County, Franklin near end of buyouts after 2008 flood

August 30, 2013
Associated Press
After the final buyouts, a total of 107 homes will have been razed with about $8.5 million in federal funds.
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Airport authority sues insurance carrier for $9.2M

August 23, 2013
Scott Olson
The Indianapolis Airport Authority claims Travelers Property Casualty Co. of America failed to pay it all the money it is owed following a steel-beam collapse during construction of the midfield terminal.
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Survey: Health insurance costs outpace wage gains

August 21, 2013
Associated Press
Annual premiums for employer-sponsored family coverage climbed nearly 4 percent this year, to top $16,000 for the first time, according to a survey the Kaiser Family Foundation released Tuesday.
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Blue Cross reaches out over insurance law changes

August 12, 2013
Associated Press
Indianapolis-based WellPoint and other Blue Cross Blue Shield health plans are among the health insurers most aggressive in reaching out to build consumer trust and capture spending on policies.
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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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