October 12, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. and competing U.S. health insurers approved $10 billion in stock repurchases in the past
year, a concern to investors who say buybacks failed to increase share prices and who want more spent on dividends.
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October 6, 2010
J.K. WallHealth insurers, including locally based WellPoint Inc. and Advantage Health Solutions, have been looking to work with health
care providers to form accountable-care organizations. But they also worry that the accountable-care concept will become nothing
more than a negotiating tactic by hospitals and doctors.
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September 29, 2010
J.K. WallHealth insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds
of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
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September 22, 2010
Bloomberg NewsThe failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan
stocks and complicating insurance company decisions.
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September 21, 2010
Associated PressThe company said the Centers for Medicare & Medicaid Services renewed its durable medical equipment administrative contract
for a region that covers Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio and Wisconsin.
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September 8, 2010
J.K. WallIt’s been a tough year for major health insurers, but Barron’s magazine predicts a big comeback for Indianapolis-based
WellPoint Inc. and its rival UnitedHealth Group.
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August 27, 2010
Bloomberg NewsHealth insurers led by WellPoint Inc. are backing Republicans with campaign donations by an 8-to-1 margin, favoring the party
that's promised to repeal President Barack Obama's health-care overhaul if it wins back Congress.
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August 25, 2010
Associated PressThe California Department of Insurance said Wednesday it approved a rate increase averaging about 14 percent for Anthem Blue
Cross customers. The department also OK'd a nearly 19-percent increase for Blue Shield of California.
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August 9, 2010
Bloomberg NewsProceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
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August 3, 2010
Bloomberg NewsWellPoint Inc., UnitedHealth Group Inc. and three other health insurers, criticized by Democrats during the health care reform
debate, are seeking to influence how the new law will be implemented, and possibly change it, by campaigning for supportive
congressional candidates.
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July 29, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
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July 28, 2010
J.K. WallThe Indianapolis-based health insurer raised its full-year profit forecast after it earned $722.4 million, 4 percent higher
than during the same quarter a year ago. Revenue and health plan membership fell.
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July 24, 2010
IBJ StaffWellPoint Inc. is one of the nation's largest health insurance companies and sells its products primarily under the Blue
Cross Blue Shield brand name.
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July 17, 2010
Norm Heikens, Scott Olson, J.K. WallNearly four months after President Barack Obama signed a health reform bill into law, businesses are still grappling with
its
impact on the health benefits they offer their employees.
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July 14, 2010
J.K. Wall
WellPoint Inc. is turning from opponent of the health care reform law passed in March to “trusted adviser.” It
launched a website, healthychat.com,
where company representatives answer customers’ questions about the new health reform law.
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July 7, 2010
J.K. WallWellPoint Inc. has about $800 million riding on one arcane rule: how to calculate a medical loss ratio. The ratio quantifies
the percentage of customers’ premiums were spent on medical care, rather than overhead or profits.
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July 2, 2010
Bloomberg NewsAttorney general seeks more details on the breach, which may have compromised financial and health information on almost 500,000
people. He also calls on the Indianapolis-based insurer to provide affected customers with credit monitoring and theft protection
services.
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June 26, 2010
IBJ StaffIndiana University and WellPoint Inc. were the only Indiana employers to land in Computerworld magazine’s top
100 rankings as
one of the “Best Places to Work in IT.”.
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June 24, 2010
Bloomberg NewsU.S. health insurers are “moving towards an oligopoly,” a process that this year’s health-care overhaul
will accelerate, the investor-relations chief at WellPoint Inc. said Thursday.
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June 19, 2010
Marc D. AllanOne-time events influenced bottom lines of some of the few companies that made more money in 2009.
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June 19, 2010
J.K. WallWhen WellPoint Inc. named Angela Braly its CEO three years ago, it touted her experience dealing with politicians and government
regulators. But WellPoint is now the poster child for health insurer bad behavior—credited in Washington with reviving
a
dead health reform bill the company opposed.
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June 16, 2010
Bloomberg NewsU.S. regulators may phase in requirements on how much health insurers spend on medical care to avoid pushing plans out of
the market for people who buy their own coverage, WellPoint Inc.'s chief financial officer said Wednesday.
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June 16, 2010
J.K. WallThe latest idea from Dr. James Spahn, an Indianapolis health care entrepreneur, should help hospitals and nursing homes do
a better job of preventing severe bedsores, or pressure ulcers. That’s good, because Medicare and private health insurers
increasingly won’t pay to treat them.
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June 7, 2010
WellPoint may face the most threat from more aggressive reviews. The Indianapolis insurer is the leader in small-business
and individual policies, areas that have seen the biggest increases in recent years.
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May 26, 2010
J.K. WallIn the company's latest response to withering criticism of its breast-cancer policies, WellPoint Inc. said it will pay
for any breast cancer patient to stay two days in a hospital after surgery.
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Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.
If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.