Health Care & Insurance

Lawmakers confused by cut in state’s tobacco funds

January 8, 2014
Allie Nash, The Statehouse File
A hearing about tobacco funding Wednesday in the House Public Health Committee left many legislators still searching for answers.
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WellPoint seeks more Obamacare biz by extending deadline

January 8, 2014
Bloomberg News
Two of the largest U.S. health insurers are giving Obamacare customers more time to pay their initial premiums as the industry tries to coax millions of people to take the final step in cementing coverage for 2014.
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Three groups puzzled by woman's $7 million bequest

January 8, 2014
Associated Press
The organizations which include Indianapolis-based Hoosier Oncology Group have no idea why an Evansville teacher chose them as beneficiaries.
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WellPoint to unload 1-800-Contacts unit

January 7, 2014
Bloomberg News
Financial terms of the sale to Boston-based private equity firm Thomas H. Lee Partners LP weren't disclosed. WellPoint paid a reported $900 million to buy the company in June 2012.
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Lilly forecasts sales, profit drop in face of rival generic drugs

January 7, 2014
Bloomberg News
In a warning shot to investors, the pharmaceutical giant says it expects "2014 to be the most financially challenging year of Lilly’s current period of patent expirations."
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New St. Vincent CEO will inherit financially solid system

January 6, 2014
J.K. Wall
It’s a challenging time to be a hospital CEO, but when Jonathan Nalli takes the helm of St. Vincent Health, he’ll have about as strong a financial hand as anybody to play.
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Health overhaul benefits take effect with new year

January 2, 2014
Associated Press
After a troubled rollout, President Barack Obama's health care overhaul now faces its most personal test: How will it work as people seek care under its new mandates?
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Marketing efforts to uninsured youth ramp up

January 2, 2014
Associated Press
The so-called "young invincibles" are so important to the success of the Affordable Care Act that supporters and detractors are spending millions to reach them.
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Justice delays health law's birth control mandate

January 1, 2014
Associated Press
The Supreme Court has thrown a hitch into President Barack Obama's new health care law by blocking a requirement that some religion-affiliated organizations provide health insurance that includes birth control.
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St. Vincent Health names new CEO from Valparaiso

December 31, 2013
Jonathan S. Nalli, 39, has led Porter Health System in Valparaiso since 2007. He will take over the 22-hospital St. Vincent system on Feb. 1.
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Contract between UnitedHealthcare, IU Health to expire

December 31, 2013
J.K. Wall
IU Health has decided to still give patients the same "in network" co-pays and deductibles that UnitedHealthcare had negotiated under the expiring contracts, keeping patients’ costs the same until a new deal is reached.
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Endocyte files to sell up to $60M in new stock

December 30, 2013
J.K. Wall

Endocyte Inc. plans to raise as much as $60 million by offering new shares to the public “from time to time,” to help it develop additional drugs.

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With website on mend, Obamacare enrolls 2 million so far

December 30, 2013
Associated Press
The windfall comes at a critical moment for health care reform, which becomes "real" for many Americans on Jan. 1 as coverage through the insurance exchanges and key patient protections kick in.
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Wishard morphs into Eskenazi Hospital

December 28, 2013
J.K. Wall
After suffering for years with decrepit heating and ventilating systems, Wishard, the busiest hospital in the state, finally got a new home. And a new name.
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Feds extend Obamacare deadline as customers rush site

December 23, 2013
Bloomberg News
The deadline to enroll in plans that begin Jan. 1 now is midnight Tuesday for most of the U.S. On Monday, healthcare.gov fielded nearly 50,000 simultaneous visitors, triggering a queuing system.
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Analyst: WellPoint will lose money on Obamacare in 2014

December 23, 2013
J.K. Wall
Small business dumping, the uncertainty of Obamacare's exchanges, and the certainty of Obamacare's taxes will take a bite out of WellPoint's earnings next year. But company executives remain bullish on Obamacare's long-term impact.
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Lilly, other drugmakers to keep paying doctors

December 19, 2013
Bloomberg News
Eli Lilly and Co., Pfizer Inc., Sanofi and other large drugmakers will keep paying doctors to give talks about their products, leaving GlaxoSmithKline Plc alone for now in its decision to halt such compensation.
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Insurers give Obamacare enrollees more time for payments

December 18, 2013
Bloomberg News
Consumers who enroll in health plans through the new U.S. exchanges will get 10 extra days to pay their first premiums and still gain coverage effective Jan. 1, an insurance company trade group said Wednesday.
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Pfizer, Teva reach deal to allow generic Viagra

December 18, 2013
Bloomberg News
Fifteen years after Pfizer Inc.’s Viagra changed the sexual equation for older men, the blockbuster impotence drug is set to become available in a less expensive generic form as early as 2017.
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Ascension hospitals pledge 549 more service center jobs

December 18, 2013
J.K. Wall
Even though St. Louis-based Ascension Health cut nearly 900 jobs this year from its Indianapolis-based hospital subsidiary, St. Vincent Health, it wants to add 549 more to its service center here by 2016.
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Two new studies debunk benefits of multivitamins

December 18, 2013
Associated Press
There's more disappointing news about multivitamins: Two major studies found popping the pills didn't protect aging men's brains or help heart attack survivors.
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Hospitals slow to embrace future, survey finds

December 16, 2013
J.K. Wall
Hospital executives, in spite of mounting financial pressures under their older business models, are stepping cautiously into the future, with nearly half opting against new accountable care business models touted by Obamacare.
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Cummins plans wellness center for employees

December 13, 2013
Associated Press
The facility in Columbus would be the first of its kind for the company. Should the concept prove successful, Cummins will consider similar arrangements in other areas with Cummins plants, said Dr. Dexter Shurney, chief medical officer for Cummins.
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Lilly foe still testing Alzheimer's theory where others failed

December 12, 2013
Bloomberg News
Since 1998, there have been more than 100 attempts to develop an Alzheimer’s treatment, and all have failed. Such a product may generate as much as $5 billion annually for Merck, according to analysts
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FDA approves first generic versions of Lilly's Cymbalta

December 11, 2013
Associated Press
Cymbalta is Eli Lilly and Co. Inc.'s best-selling drug and posted 2012 sales of $4.7 billion, making it the fifth-highest selling medication in the world. The drug's patent expired Wednesday.
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