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Insurance
UPDATE: 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.
MoreCNO Financial's quarterly earnings, revenue rise
October 25, 2011
IBJ Staff and Associated PressCarmel-based life and health insurer CNO Financial Group Inc. said Tuesday that its third-quarter earnings jumped nearly four
times over last year's third-quarter results, but mostly because of a one-time tax-related gain.
MoreInsurance mandate lacks teeth, WellPoint CFO says
October 24, 2011
J.K. WallAs constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief
financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.
MoreWellPoint competitor Cigna buying HealthSpring
October 24, 2011
Associated PressCigna Corp. will buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal as it becomes the latest managed care
company to snap up a bigger share of the fast-growing Medicare Advantage market.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!