Insurance

Local facility first to offer overnight help for anorexia: Lotus House fills void for those with eating disordersRestricted Content

April 10, 2006
Scott Olson
A spacious home near Stony Creek in Noblesville once known as the Hare estate has been transformed into an intensive treatment facility for young women struggling with severe eating disorders. Dubbed Lotus House, the three-story residence began hosting patients in October. Partners Patrick Hall, 40, and Misty Rees, 33, founded the facility to provide an inpatient alternative to standard care. The facility, which offers therapies for anorexia nervosa and bulimia, is just the second in the Indianapolis area to treat...
More

Steep loss forecast for Standard Management: Company still anticipates closing deals for more financing as SEC annual report deadline loomsRestricted Content

April 10, 2006
Tom Murphy
Standard Management Corp. is projecting a 2005 loss topping $20 million, and its stock has fallen below a minimum share price required by the NASDAQ exchange. The Indianapolis pharmaceutical-services firm also missed a deadline to file its annual report, as a push to arrange more financing "has consumed a substantial portion of management's time and limited resources," according to a March 31 filing with the U.S. Securities and Exchange Commission. Company leaders expect a $20.3 million loss from continuing operations....
More

Repairs to tower may take months: Tenants scramble for other arrangementsRestricted Content

April 10, 2006
Peter Schnitzler
It was a symbol of his success. For the last three years, environmental attorney Robert Clark has relished the view from his corner office in One Indiana Square, high above the streets of Indianapolis. But on Sunday, April 2, tornadoforce winds left it in tatters. His family photos are gone. Likewise his case files and the many gifts he'd received over the years from friends or clients. "I understand there are no exterior walls," he said. "My desk is still...
More

Shared patient rooms in hospitals soon to be history: Guidelines call for private quarters in all new facilitiesRestricted Content

April 10, 2006
Tracy Donhardt
New guidelines due out in June will call for newly constructed hospitals to come equipped with all private patient rooms, the first time such a minimum requirement has been issued. The guidelines, published every four years by the Facilities Guidelines Institute and the American Institute of Architects' Academy of Health, are used by nearly 40 state governments-including Indiana-to set regulations, approve construction plans and license hospitals to operate. And hospitals nationwide-including those in Indiana-are expected to embrace the guidelines that...
More

Experts: Businesses should prep for bird flu: Vast majority of U.S. companies have not budgeted for possible pandemic, despite warnings from health officialsRestricted Content

April 10, 2006
Scott Olson
The much-hyped Y2K computer bug came and went without so much as a whimper from a whirring hard drive. But unlike the threat of malfunctioning computers, health experts warn that the potential danger of an avian flu pandemic is far greater. In the event of a widespread outbreak in the United States, companies large and small need to be prepared in order to keep interruptions to a minimum, they say. "I am an evangelist for having a contingency plan," said...
More

BRIAN WILLIAMS Commentary: Legislators should address insurance costsRestricted Content

April 10, 2006
Members of the Indiana General Assembly resolved some contentious issues in 2006, including property tax relief, telecommunications reform and the long-term leasing of public infrastructure. U n f o r t u n a t e l y, they did not have an opportunity to debate Senate Bill 124, which, if measured on the basis of the value per page, would have exceeded the much-heralded "Major Moves" transportation initiative. Introduced by Sen. Beverly Gard, a Greenfield Republican who has been...
More

IMG faces licensing woes in Sunshine State: Florida regulator denies application over policy sales; Indianapolis firm blames paperwork snafuRestricted Content

April 3, 2006
Tom Murphy
Indianapolis-based International Medical Group Inc. has incurred the wrath of Florida regulators who accuse it of trying to sell policies in their state without a license. However, an IMG representative says the allegations stem from paperwork problems and the lobbying of a disgruntled excustomer turned "cyber stalker." Founded in 1990 with four employees, IMG now employs 220 in offices in Indianapolis and Great Britain. The company administers insurance policies for U.S. citizens living or traveling overseas. It also provides coverage...
More

For the Dogs Inc.: Day care center goes to the dogs After years of wishful thinking, owners let themselves off the leashRestricted Content

April 3, 2006
Jo Ellen
After years of wishful thinking, owners let themselves off the leash Barking is music to the ears of Kristel Baker and Harvey Markley. On any given day, dozens of canines are howling away at For The Dogs, their 3-year-old doggy day care center. And they're set for growth, with plans to open a second location sometime in the next year. Baker, 40, got the idea for 24-hour canine care after viewing a segment on TV's "Good Morning, America" about a...
More

VIEWPOINT: 'Eating our young' as a way of mentoring?Restricted Content

March 27, 2006
Tim Mulherin
I recently came across an insightful publication by the Center for the Development of Peace and Well-Being at the University of California, Berkley, called Greater Good. One article especially caught my attention: "Inspiring Good Work" (spring-summer 2005 issue) by researchers Wendy Fischman and Howard Garner, of Harvard University's GoodWork Project. As highlighted in the article, the GoodWork Project's research, under way for the past decade, has revealed that young people leaving college and embarking on their professional careers are finding...
More

ECONOMIC ANALYSIS: A revolution in health care: Consumers will call shotsRestricted Content

March 27, 2006
Patrick Barkey
I once had a doctor who shared with me a little joke about medicine. It comes to mind every year as I get older and more susceptible to life's ailments. Doctors, he said, don't really cure anything. They just let you trade in one malady for another. I know he was talking about the side effects of medicines and treatments we take for our weak hearts and faltering knees. But I keep thinking it applies equally to the situation of...
More

HMOs report steady profits, falling membership: Indiana insurers performed well overall in 2005Restricted Content

March 27, 2006
Tom Murphy
Most of Indiana's largest HMOs managed to turn profits in 2005, even as other kinds of health insurance gained market share, sucking away 6 percent to 15 percent of their customers. Technology improvements and more efficient operations helped counter those losses, health maintenance organization executives said. However, annual reports filed with the state Department of Insurance show that profit for some of these managed care options slipped compared to 2004. Industry insiders say many companies are reluctant to offer HMOs...
More

EYE ON THE PIE: Legislature wastes another sessionRestricted Content

March 27, 2006
Morton Marcus
The 150 men and women who make up the Indiana General Assembly have finished their annual freak show, folded their tents, and departed from Indianapolis. In their wake, they left some truly terrible legislation and another record of neglect for the interests of Indiana's too-long-suffering population. What was wrong with this session of the General Assembly? Your local editor will not grant me the space to be either sufficiently complete or detailed. Let's start with the governor's Major Moves program....
More

NOTIONS: A kid, a shave, a health care dilemmaRestricted Content

March 27, 2006
Bruce Hetrick
For the second time in his young life, 9-year-old Joey Chamness had his head shaved last week. This time, the skinhead look is voluntary. Last time, it was chemotherapy. On a Thursday afternoon in January 2005, Joey was playing soccer when he felt pain in his left leg. He'd experienced this before, but not this bad. So Joey's parents called the family pediatrician to schedule an appointment. The following Monday, the doctor took a look and said it was probably...
More

Health care developers eye their next frontier: Northeast Hamilton County offers a lucrative marketRestricted Content

March 27, 2006
Tom Murphy
Chris Hamm's phone started buzzing with calls from health care developers once plans for an extension of 146th Street east to Interstate 69 crystallized a couple years ago. The Noblesville economic development director said several organizations have shown "significant interest" in planting health care businesses along 146th Street, which will see a big boost in traffic once workers complete the interstate connection in the fall of 2007. At least three health-care-related deals are in the works, he added, declining to...
More

Ad firm's new HQ shows imagination: Former school gets makeover for Young & LaramoreRestricted Content

March 27, 2006
Tammy Lieber
The Indianapolis-based advertising firm's former building, at 409 Massachusetts Ave., featured an interior atrium, open work spaces and a large fish sculpture in the window that caught the eye of passersby on the busy commercial corridor. For its new building, a former school tucked into Lockerbie Square a few blocks away, the firm had to decide how to creatively use a choppedup floor plan, complete with a gymnasium in the middle. Young & Laramore enlisted Eric Rowland and Sarah Schwarzkopf...
More

EYE ON THE PIE: Waiter shines light on educationRestricted Content

March 20, 2006
Morton Marcus
I spent most of a recent weekend in the hospital, but no one seems to want to hear that story. It wasn't much of a story, as it turns out, but the bill, which will fall on you, will be enormous. My part of the bill will be small because I am covered by Medicare and private health insurance. This means you will see my use of the health care system reflected in your future taxes and in your future...
More

WellPoint freezes pensions: Insurer joins national trend, shifts focus to 401(k) planRestricted Content

March 20, 2006
Tom Murphy
WellPoint Inc. quietly froze pension contributions for most of its 42,000 employees earlier this year, a move that draws criticism but falls in step with what many other big employers are doing. The Indianapolis-based health insurance giant noted deep in an annual report filed late last month that on Jan. 1 it stopped adding pay credits to the pension accounts of employees not nearing retirement. The insurer rang up a $2.5 billion profit last year and, unlike some other companies...
More

Short session long on action: Led by Major Moves, telecom successes, biz interests fared well in 2006 General AssemblyRestricted Content

March 20, 2006
In less than three months, the Indiana General Assembly approved a pair of blockbuster economic-development measures designed to dramatically upgrade the state's infrastructure. With the passage of Gov. Mitch Daniels' Major Moves initiative, Indiana will lease the Indiana Toll Road to an Australian-Spanish consortium for 75 years. It will use the upfront, $3.9 billion payment to build roads. Meanwhile, the approval of telecom deregulation sets the stage for more local phone, cable and Internet competition. Daniels, a Republican, argued that...
More

ECONOMIC ANALYSIS: Revised data shows state faring better than thoughtRestricted Content

March 20, 2006
Patrick Barkey
If you were watching this space to see what-if any-silver lining for Indiana could be found in the harsh blows about to fall on the high pay, full benefit, Big Three automaker production jobs I promised to talk about last week, I ask your forbearance. The Toyota Corp. has beaten me to the punch. The company's announcement that it plans to build its top-selling Camry in Lafayette says it better than any words I could come up with. The future...
More

Bill boosts hope for bariatric patients: Measure would make it easier for morbidly obese to receive surgeryRestricted Content

March 13, 2006
Tom Murphy
Bariatric surgeons hope a bill being considered in the legislature eliminates lifethreatening waits like Shaul's and improves access to a surgical specialty that has seen expansive growth in central Indiana over the past few years. The measure, now in conference committee, is expected to win final approval in the waning days of this year's session. Senate Bill 266 would trim the minimum wait insurers can impose before they cover the surgery from 18 consecutive months to six. It also adds...
More

BULLS & BEARS: Buffett's skeptical eyes see plenty to fret aboutRestricted Content

March 13, 2006
Ken Skarbeck
Warren Buffett's annual letter to Berkshire Hathaway shareholders was posted on the company's Web site early this month. He has a way of distilling complex issues into simple messages using witty anecdotes. Here is my Cliffs Notes version, but first a note of caution: One thing you don't get from Buffett is the world viewed through rose-colored glasses. Derivatives. Buffett resolved that when Berkshire acquired General Re, the large reinsurance company in 2001, he would unwind the company's derivative contracts....
More

NOTIONS Bruce Hetrick: Yes, Mama, it's OK to let your baby study liberal artsRestricted Content

March 13, 2006
Bruce Hetrick is on vacation this week. In his absence,this column,which appeared on March 17, 2003, is being reprinted. Last summer, an Indiana University English professor sent me an e-mail. It said that she and her colleagues were creating a new course called "Careers in English." Its premise: One might do something with an English degree besides teach English. As they planned their curriculum, the instructors searched for an appropriate textbook. When they couldn't find one, they decided to create...
More

How Family Friendly is: Duke Realty Corp.: Locally based, publicly traded, commercial real estate firmRestricted Content

March 13, 2006
Duke Realty Corp. Locally based, publicly traded, commercial real estate firm Flexible work arrangements Duke managers support flexible work arrangements whenever possible. Some associates work flexible hours, compressed workweeks, part-time schedules or take advantage of part-time telecommuting. Child care Dependent Care Flexible Spending Accounts are offered and allow associates to set aside money on a before-tax basis through payroll deductions to cover daycare expenses. Family leave/military leave Eligible associates may take FMLA leave up to 12 weeks. Employees can also...
More

Federal deposit insurance reform beefs up coverage: Retirement savings accounts stand to benefit mostRestricted Content

March 13, 2006
Scott Olson
Federal deposit insurance reforms signed into law by President Bush last month boost coverage of some retirement accounts and will raise coverage for other bank accounts beginning in 2010. The legislation, debated by lawmakers for the past six years, is significant because it offers the first increase in deposit insurance coverage in more than 25 years, and just the seventh rise since 1935. Federal deposit insurance currently covers as much as $100,000 per depositor. Starting no later than November, depositors...
More

Indiana's universities give industry a boost: State touts wealth of higher-ed insurance programsRestricted Content

March 6, 2006
Scott Olson
Politicians seem so much more 21st century when they talk about attracting life sciences and information technology jobs to Indiana. But they're not about to ignore the state's second-largest employer-the often-overlooked insurance industry. Indiana insurers employ more than 60,000 Hoosiers, second only to farming, and pay an average annual salary of $47,500, nearly $10,000 more than the state average, according to a 2004 study by Purdue University. Moreover, the industry boasts some of the state's largest public and private companies-WellPoint...
More
Page  << 31 32 33 34 35 36 37 38 39 40 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT