Insurers
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.
MorePoll: Anthem so-so in customer satisfaction
January 23, 2012
J.K. WallAnthem Blue Cross and Blue Shield ranked No. 12 in a new national customer satisfaction survey, but the poor showing doesn’t
appear to threaten the Indianapolis-based company’s business success.<
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.
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.
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.
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.
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.
MoreJudge stays decision in WellPoint policyholder case
September 23, 2011
J.K. WallFormer policyholders of WellPoint Inc., who won a right to a class-action trial over their claims that they were shortchanged
when the company went public a decade ago, will have to put their trial plans on hold.
MoreWellPoint buying private health insurance exchange
September 20, 2011
Bloomberg NewsThe deal helps WellPoint compete for employers with the U.S. state-run marketplaces set to open in 2014 under President Obama’s
health-care overhaul.
MoreIBM putting Watson to work in health insurance
September 12, 2011
Associated PressIBM’s supercomputer system, best known for trouncing the world’s best “Jeopardy!” players on TV, is
being tapped by one of the nation’s largest health insurers to help diagnose medical problems and authorize treatments.
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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
Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.