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Insurance
Health insurers' anti-fraud bid seeks to ease profit-limit rule
July 27, 2012
Bloomberg NewsThe Obama administration Thursday announced a partnership with the industry in which WellPoint Inc., UnitedHealth Group Inc.
and other insurers may try to share more billing data with the government to root out fraud.
MoreCEO Braly gets WellPoint board backing after cutting forecast
July 26, 2012
Bloomberg NewsWellPoint Inc.'s board, reacting to criticism after the health insurer cut its profit forecast on Wednesday, said the management
team led by CEO Angela Braly has its full support.
MoreWellPoint shares sink after profit misses analyst estimates
July 25, 2012
Bloomberg NewsWellPoint Inc. stock fell more than 12 percent Wednesday after the insurer's quarterly earnings missed analyst estimates and
it trimmed its full-year forecast.
MoreCNO Financial reports big earnings gain on higher sales
July 25, 2012
IBJ StaffEarnings at Carmel-based CNO Financial Group Inc. jumped 42 percent in the second quarter on higher sales of its insurance
products, the company announced Wednesday afternoon.
MoreCommittee passes domestic partner benefits proposal
July 25, 2012
The plan to offer health-care benefits to domestic partners of Indianapolis city workers passed a City-County Council committee
by a 7-0 vote on Tuesday. The full council could consider the measure as early as Aug. 13.
MoreWellPoint using deals to prep for new era in insurance
July 14, 2012
J.K. WallThe buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield
plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.
MoreWellPoint agrees to pay for 3 children to get gene test
July 12, 2012
Bloomberg NewsWellPoint Inc. said it will pay for DNA testing for three children to see if they have an inherited heart disease their father
suffers from that often strikes without warning, reversing an earlier decision to deny coverage.
MoreWellPoint shares jump after $4.9B deal for Amerigroup
July 9, 2012
J.K. WallInvestors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such
as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
MoreWellPoint buying managed care firm for $4.9B
July 9, 2012
IBJ Staff and Bloomberg NewsThe Indianapolis health insurer is buying Virginia-based Amerigroup Corp. to expand in managed care for poor and elderly patients
in the Medicare and Medicaid programs.
MoreMILLER: Morale, productivity affected by benefits frustration
July 7, 2012
Robert L. Miller / Special to IBJHave employees reached the tipping point where rising health care costs have forced them to think seriously about jumping
ship?
MoreHigh court ruling could leave 290K Hoosiers uncovered
July 1, 2012
J.K. WallA decision by Indiana to leave its Medicaid program unchanged could leave as many as 290,000 Hoosier adults, who would have
been newly eligible for Medicaid coverage, with no good options.
MoreHigh court health care decision good for some, not others
June 29, 2012
Associated PressThe Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many
players in the health care industry, but not every corner of the sector will benefit.
MoreIndiana awaits ruling before starting health exchange
June 26, 2012
Associated PressIndiana has spent the past year and a half planning for its own health insurance exchange in case the U.S. Supreme Court upholds
President Barack Obama's health care law, but the state still could end up being forced into the federal exchange.
MoreCourt ruling would lift cloud of uncertainty
June 18, 2012
J.K. WallThe U.S. Supreme Court did not hand down a ruling in the health care reform case Monday morning. The nine justices meet again
Thursday, but most observers expect the decision to come June 25 or June 28.
MoreWellPoint lowers earnings forecast after $90M legal bill
June 18, 2012
Bloomberg NewsIndianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million
settlement in a class-action lawsuit.
MoreWellPoint settlement: $90M for former Anthem members
June 15, 2012
Scott OlsonThe federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem's 2001 conversion from a
mutual company, owned by its insured policyholders, to a public company.
MoreJohnson County flood victims still reeling 4 years later
June 7, 2012
Associated PressThe devastating 2008 flood continues to have repercussions for victims. They are still paying off the tens of thousands of
dollars they had to borrow in some cases to hang new drywall, lay down new carpeting and replace major appliances.
MoreWellPoint seeks to diversify by buying contacts retailer
June 4, 2012
Bloomberg News, Associated PressWellPoint Inc. plans to buy lens retailer 1-800-Contacts Inc. in a deal worth an estimated $900 million, giving the insurer
its first direct-to-consumer business outside selling individual health coverage.
MoreWellPoint buying 1-800 Contacts for about $900M
June 4, 2012
IBJ StaffThe Indianapolis-based health insurer said 1-800 Contacts is attractive partly because it has bigger profit margins than its
core insurance business, The Wall Street Journal reported.
MorePrice hikes offset slower health care use
May 29, 2012
J.K. WallNewly available data from private health insurance plans show that price hikes by hospitals, doctors and drug companies have kept employer spending rising recently even as their employees and dependents have moderated their consumption of health care services.
Indianapolis council to consider domestic-partner benefits
May 25, 2012
Kathleen McLaughlinCity-County Councilor Angela Mansfield filed the proposal covering city employees that would make same-sex and heterosexual
couples who live together eligible for health insurance benefits.
MoreWellPoint protestors harass Braly as political disclosure proposal fails
May 16, 2012
J.K. WallThe proposal, which sought twice-yearly reports on all the health insurer's donations used for political campaigns or lobbying,
was overwhelmingly voted down by WellPoint shareholders.
MoreActivists plan to protest WellPoint political giving at meeting
May 15, 2012
J.K. WallA mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and
some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s
political spending.
MoreState's high court to weigh hospital bills
May 7, 2012
J.K. WallThe Indiana Supreme Court this week will consider whether hospital billing practices should be put on trial. The state’s
highest court will hear oral arguments Thursday in a case in which two uninsured patients have sued Indiana University Health
for charging them much higher prices than it would have charged insured patients.
MoreSet pricing helps boost diagnostic network's growth
May 5, 2012
J.K. WallWhen the same MRI at one facility costs $600 and at another costs $2,200, Dr. Robert Gregori would call that a business opportunity.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!