WellPoint

WellPoint among 13 picked to join California exchange

May 23, 2013
Bloomberg News
California residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act may end up paying higher premiums.
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Surprise director departures boost WellPoint shares

May 14, 2013
Greg Andrews
Outside observers cast the departures of Lenox Baker, Sheila Burke and Susan Bayh as a positive that will allow new CEO Joseph Swedish to recast the board.
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Three WellPoint directors step down, cite personal reasons

May 13, 2013
Bloomberg News
Lenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said Monday in a regulatory filing.
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Governor taps ex-WellPoint CEO Braly for IEDC board

May 7, 2013
J.K. Wall
The appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the Indianapolis-based health insurer in August.
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Indiana firms lose ground on Fortune 500 list

May 7, 2013
Mason King
Five of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest U.S. companies.
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Obamacare exchanges could zap WellPoint profits

April 29, 2013
J.K. Wall
According to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
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WellPoint CEO: Acquisitions of hospitals, doctors unlikely

April 24, 2013
J.K. Wall
Joe Swedish, who took the helm of the Indianapolis-based health insurer a month ago, threw cold-water Wednesday on widespread speculation that he will lead the company through a wave of buying hospitals and medical practices.
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WellPoint raises profit forecast after solid first quarter

April 24, 2013
J.K. Wall
The Indianapolis-based health insurer easily beat Wall Street's expectations for earnings in the first quarter and revenue rose 15 percent.
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Investors await progress report from WellPoint

April 22, 2013
Associated Press
Many investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
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WellPoint execs get double-digit pay bumps while stock falls

April 4, 2013
J.K. Wall
The Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most of its top executives saw their pay hold steady or decline in 2011.
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Outgoing WellPoint CEO made more than $20M last year

April 2, 2013
Associated Press
The compensation paid to outgoing Wellpoint Inc. CEO Angela Braly last year rose 56 percent, even as the company's shares slid on lower enrollment in its Blue Cross Blue Shield health plans.
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WellPoint jumps after feds reverse Medicare decision

April 2, 2013
Bloomberg News
Shares of Indianapolis-based WellPoint rose along with those of other medical insurers Tuesday morning after the U.S. government reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
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Studies: Employers could save with Medicaid expansion

March 18, 2013
J.K. Wall
The debate over expanding Medicaid in Indiana so far has hinged on how much it will cost. But two recent studies suggest Hoosier employers should be focused on how much a Medicaid expansion will save them: perhaps as much as $400 million per year.
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Profits at center of biosimilars debate

March 18, 2013
J.K. Wall
House Bill 1315, which is scheduled for a Senate floor hearing on Monday, would require pharmacists to check with a patient’s physician before automatically substituting a generic version of a biotech drug for a brand-name version.
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Critics of WellPoint choice may not be easily swayedRestricted Content

February 23, 2013
Greg Andrews
It's way too early to declare the board dysfunctional for making a surprise choice—Joe Swedish, CEO of Michigan-based hospital system Trinity Health—for the company’s new CEO.
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WellPoint exec Carlson leaving insurer after losing CEO bid

February 15, 2013
Bloomberg News
Former Amerigroup Corp. CEO James Carlson will leave WellPoint Inc., the company said Friday—three days after he was passed over for the Indianapolis-based insurer's top job.
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WellPoint shares tumble on surprising CEO hire

February 13, 2013
J.K. Wall
The Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly named career hospital executive Joe Swedish to be its next CEO.
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WellPoint taps Catholic hospital system chief as new CEO

February 12, 2013
J.K. Wall
Joe Swedish, CEO of Michigan-based Trinity Health since December 2004, will replace Angela Braly, who was forced out in August.
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WellPoint beats analysts' estimates with 4th-quarter profit surge

January 23, 2013
Associated Press, J.K. Wall
The Indianapolis-based health insurer earned $464 million, or $1.51 per share, in the fourth quarter, a 38-percent leap from a year ago, and topped analysts' forecasts by 8 cents per share.
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Insurers may prove choosy with overhaul exchanges

January 17, 2013
Associated Press
The leader of the nation's largest health insurer warned Thursday not to assume widespread participation from his company in part of health care overhaul's coverage expansion that unfolds later this year.
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Amerigroup chief emerges as a frontrunner for WellPoint job

January 15, 2013
Bloomberg News
WellPoint Inc. is still considering former Amerigroup Corp. CEO James Carlson among several finalists to become CEO. Statements and filings this month have fueled speculation among analysts and shareholders that Carlson has vaulted ahead of other prospects.
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Anthem pulling out of Quality Health First

January 14, 2013
J.K. Wall
Since 2009, Indianapolis-based Anthem has doled out $14.5 million in bonuses to physicians based on their scores in quality reports generated by Quality Health First.
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WellPoint draws criticism for California rate increase

January 9, 2013
Bloomberg News
WellPoint Inc.’s plan to raise the rates for small employers in California was criticized as unreasonable by the state insurance commissioner, who said customers are being charged this year to cover U.S. health-law fees that won’t begin until 2014.
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WellPoint says earnings could slightly exceed expectations

January 8, 2013
Associated Press
WellPoint Inc. said Tuesday that it expects 2012 earnings at the high end or slightly above a range that the health insurer reaffirmed last month.
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WellPoint reaffirms 2012 earnings forecast

December 11, 2012
Associated Press
WellPoint Inc. is sticking with a 2012 earnings forecast that it had cut in July, and the nation's second-largest health insurer said it expects next year's earnings to be on par with this year's performance.
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  1. these guys only skill was to steal from other's hard earned savings.

  2. I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.

  3. For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.

  4. It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.

  5. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

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