News & Analysis

Kokomo lines up team for new baseball stadium

September 3, 2014
 Associated Press and IBJ Staff
The Kokomo team will be part of the 12-team Prospect League, which features top collegiate players and includes teams in the Indiana cities of Terre Haute and Richmond. Other teams are in Ohio, Pennsylvania, Missouri, Illinois and West Virginia.
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Ohio/Indiana center forms partnership on drones

September 3, 2014
 Associated Press and IBJ Staff
A joint venture between Ohio and Indiana aimed at advancing drone operations for businesses and government has formalized its partnership with a southwestern Ohio city and airport.
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Purdue to mark expansion of Discovery Park

September 3, 2014
 Associated Press and IBJ Staff
Purdue University is planning a ceremony to mark the opening of a nearly $29 million facility that will consolidate drug research centers at the school, as well as a $16 million expansion of a cancer research center.
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U.S. prosecutors from across nation meeting in Indy

September 3, 2014
Associated Press
Federal prosecutors from across the country are gathering in Indianapolis to discuss ways to reduce the number of guns in the hands of criminals, among other violent crime initiatives.
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Indiana blocks $78 million in wrongful tax refunds

September 3, 2014
Associated Press
The state Department of Revenue says a special investigations unit discovered more than 39,000 returns relying on identity theft to falsely claim $39 million.
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Auto parts supplier plans Indiana factory, 253 jobs

September 3, 2014
 Associated Press and IBJ Staff
Tenneco Inc. announced Wednesday that work is underway preparing an existing 150,000-square-foot building in a Jeffersonville industrial park for the factory.
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Work progressing on eastern Indiana wind farm

September 2, 2014
Associated Press
Dozens of 320-foot-tall towers are going up in an eastern Indiana county for what will be another wind farm in the state.
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UPDATE: Appeals court upholds state's right-to-work law

September 2, 2014
Associated Press
The split decision from a three-judge federal panel in Chicago leaves the matter with the Indiana Supreme Court, which is set to hear oral arguments later this week.
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UPDATE: NFL suspends Irsay for 6 games, fines him $500,000

September 2, 2014
 Associated Press and IBJ Staff
Indianapolis Colts owner Jim Irsay has been suspended for six games and fined a maximum $500,000 by the National Football League for violating the league's personal conduct policy, the NFL said Tuesday.
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St. Vincent considers $14M sports performance facility at Marian

September 2, 2014
Jeff Newman
Marian University, St. Vincent Health and four amateur sports groups have entered into formal discussions that could result in major developments at the northwest-side campus, the university announced Tuesday.
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Simon estate in Carmel hits market for $25 million

September 2, 2014
Mason King
The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.
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UPDATE: Irsay pleads guilty to misdemeanor in drug case

September 2, 2014
Associated Press
Colts owner Jim Irsay will be on probation for a year and be required to submit to drug tests. His driver's license has been suspended for one year.
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Feds: AIT's Evans 'unjustly enriched' himself in sale to employees

September 2, 2014
J.K. Wall
Just three months before the parent company of AIT Laboratories was sold in 2009 to its employees for $90 million, it was appraised for $17.1 million, according to a U.S. Department of Labor lawsuit.
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Youth services group names successor for longtime leader

September 2, 2014
 IBJ Staff
AYS Inc. has chosen the second CEO in the not-for-profit’s 34-year history, the youth-services organization announced Tuesday.
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Firefighters union hopes concession wins project OK

September 2, 2014
Scott Olson
The union is promising to keep a parking lot it wants to build as part of an expansion at a key Massachusetts Avenue intersection in that use for just five years to help win approval of the project.
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Indians cross home with record attendance blast

September 2, 2014
Mason King
Throwing up big numbers in the bottom of the ninth, the Indianapolis Indians established a new single-season attendance record for Victory Field on Saturday in the team's last home game.
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MainGate, NCAA team up on apparel deal

September 2, 2014
 IBJ Staff
MainGate Inc. has reached an exclusive agreement to produce official apparel for more than 25,000 volunteers at NCAA championship sports events, the Indianapolis-based merchandising company announced Tuesday.
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Self-made developer, Castleton pioneer Peterson dies at 84

September 2, 2014
Cory Schouten
Howard C. Peterson, an enterprising bricklayer who went on to build a prolific development company that transformed Indianapolis' north side with massive office complexes, died Friday after a long illness. He was 84.
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WTHR-TV, DirecTV fail to reach fee agreement

September 1, 2014
 IBJ Staff
WTHR-TV Channel 13 was no longer available to DirecTV customers on Monday after the Indianapolis station and the satellite-TV provider failed to reach an agreement in their ongoing dispute over fees.
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Fee approved for Vectren to replace Indiana pipes

September 1, 2014
Associated Press
The approval from the Indiana Utility Regulatory Commission gives Vectren permission to charge a monthly fee to cover 80 percent of the project's estimated $865 million cost. The fee will show up on customer bills starting in 2015 and continue through 2021.
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RV industry leaders say rebound picking up speed

September 1, 2014
Associated Press
Key manufacturers and suppliers have announced recent expansions, the stock market is at an all-time high, and consumers are more confident in the future, industry leaders say.
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Indiana gay marriage supporters push hard in 2014

September 1, 2014
Associated Press
Voters who'd hoped to decide whether to place the state's gay marriage ban in the Constitution won't find the issue on the November ballot. But same-sex marriage is still playing a role in many political races, giving Democrats hopes of gaining a critical foothold in the heavily Republican state.
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Indiana cases could define conflict of interest

August 31, 2014
Associated Press analysis
The question of what constitutes a conflict of interest and why it matters for public officials has run throughout a string of high-profile ethics scandals in Indiana recently.
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Infighting bogs down digital billboards

August 30, 2014
Kathleen McLaughlin
Marion County is an untapped market for digital billboards despite years of lobbying by sign companies, and it’s not because of political opposition to the large, lighted signs. What’s holding back changes to the city code is industry feuding over the form of regulations that could determine their future market share.
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Blood Center retrenches after losing major clients to Red Cross

August 30, 2014
J.K. Wall
The Indiana Blood Center is set to lose more than one-third of its revenue early next year, as three hospital systems bolt for cheaper prices offered by the American Red Cross.
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  1. You are correct that Obamacare requires health insurance policies to include richer benefits and protects patients who get sick. That's what I was getting at when I wrote above, "That’s because Obamacare required insurers to take all customers, regardless of their health status, and also established a floor on how skimpy the benefits paid for by health plans could be." I think it's vital to know exactly how much the essential health benefits are costing over previous policies. Unless we know the cost of the law, we can't do a cost-benefit analysis. Taxes were raised in order to offset a 31% rise in health insurance premiums, an increase that paid for richer benefits. Are those richer benefits worth that much or not? That's the question we need to answer. This study at least gets us started on doing so.

  2. *5 employees per floor. Either way its ridiculous.

  3. Jim, thanks for always ready my stuff and providing thoughtful comments. I am sure that someone more familiar with research design and methods could take issue with Kowalski's study. I thought it was of considerable value, however, because so far we have been crediting Obamacare for all the gains in coverage and all price increases, neither of which is entirely fair. This is at least a rigorous attempt to sort things out. Maybe a quixotic attempt, but it's one of the first ones I've seen try to do it in a sophisticated way.

  4. In addition to rewriting history, the paper (or at least your summary of it) ignores that Obamacare policies now must provide "essential health benefits". Maybe Mr Wall has always been insured in a group plan but even group plans had holes you could drive a truck through, like the Colts defensive line last night. Individual plans were even worse. So, when you come up with a study that factors that in, let me know, otherwise the numbers are garbage.

  5. You guys are absolutely right: Cummins should build a massive 80-story high rise, and give each employee 5 floors. Or, I suppose they could always rent out the top floors if they wanted, since downtown office space is bursting at the seams (http://www.ibj.com/article?articleId=49481).

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