March 4, 2010
Associated PressHealth and Human Services Secretary Kathleen Sebelius met at the White House with the CEOs of Indianapolis-based WellPoint,
Aetna, Cigna, UnitedHealth Group, as well as several state insurance commissioners.
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March 1, 2010
Associated PressA consumer watchdog group filed a lawsuit Monday against WellPoint's California subsidiary on behalf of policyholders, claiming
they were pushed to take coverage with fewer benefits and higher deductibles.
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February 26, 2010
Bloomberg NewsThe California attorney general has demanded documents from several health insurers, including Indianapolis' WellPoint,
believing that their rate-setting and claims practices might be illegal.
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February 24, 2010
Associated PressAmid attacks from Democrats over high executive salaries, Angela Braly testified in Washington, D.C., on Wednesday that big
insurance-premium increases are
the result of growing price tags for hospital care and pharmaceuticals.
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February 24, 2010
J.K. WallCEO Angela Braly is defending individual premium hikes one day before Obama's summit to debate his new reform proposal
with Republicans.
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February 22, 2010
Bloomberg NewsInsurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional
funding for expanding Medicaid, under a White House proposal
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February 22, 2010
Bloomberg NewsObama, seeking to break an impasse over health-care legislation, proposes a plan that includes the first Medicare tax on unearned
income such as capital gains and higher fees on drugmakers.
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February 22, 2010
Associated PressPresident Obama's latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group.
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February 20, 2010
J.K. WallThe furor over WellPoint Inc.’s premium hikes have migrated from California to Indiana, where state lawmakers held a
high-profile hearing.
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February 19, 2010
Bloomberg NewsPresident Obama will release a proposal to restart the health-care debate before a bipartisan White House meeting on Feb.
25, one day after WellPoint officials testify before Congress about steep rate increases.
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February 18, 2010
J.K. WallCongressman Andre Carson will make remarks Thursday during a public chastising of Indianapolis-based health insurer for 21-percent
rate
hike on individuals.
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February 17, 2010
J.K. WallState House insurance committee chair grills executives about WellPoint's 21-percent premium increase for individual policyholders
in Indiana.
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February 17, 2010
J.K. WallEven before WellPoint dissatisfied President Obama over its rate increases in California, it wasn't doing so hot satisfying
its actual customers, according to the American Customer Satisfaction Index.
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February 17, 2010
J.K. WallThree WellPoint executives will be on hand Wednesday morning to answer questions about premium increases on its individual
policies, which have risen as high as 39 percent this year.
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February 16, 2010
Bloomberg NewsThe Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its
earnings forecast is now less clear.
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February 12, 2010
J.K. WallThe firestorm created this week by Indianapolis-based health insurer WellPoint's spike in premiums could resurrect some parts
of
the languishing health reform bills.
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February 9, 2010
Bloomberg NewsWellPoint Inc. chief financial officer Wayne DeVeydt said President Obama's Federal Trade Commission is unlikely to approve
mergers among the biggest insurers.
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February 6, 2010
J.K. WallEmployer activism is on the rise when it comes to keeping hospitals honest in their negotiations with health insurers.
Executives at Indianapolis-based WellPoint say more employers are airing their displeasure when hospital
systems ask for double-digit reimbursement increases.
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February 3, 2010
J.K. WallLarry Glasscock will step down March 1 as WellPoint CEO Angela Braly takes over leadership of the company's board. She replaced
Glasscock as CEO on June 1, 2007.
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February 3, 2010
IBJ StaffLarry Glasscock will retire as chairman of WellPoint Inc.'s board, the Indianapolis-based health insurer said early Wednesday.
Company CEO Angela Braly will assume the position March 1.
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January 27, 2010
J.K. WallAnalysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
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January 27, 2010
J.K. WallThe Indianapolis-based health insurer earned $6.09 per share in 2009, excluding extraordinary items; it expects a $6-per-share
profit in 2010.
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January 13, 2010
IBJ StaffIndianapolis-based WellPoint Inc. reportedly joined fellow health insurance giants to fund TV ads as insurers tempered their
support for reform.
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January 7, 2010
IBJ Staff and Associated PressThe long-term outlook for health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based
WellPoint to benefit in 2010.
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December 23, 2009
J.K. WallExemption for not-for-profit health plans could saddle WellPoint with nearly $2 billion a year in new taxes.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.