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Health Insurance
Health care reform bringing changes to Caregivers
July 3, 2010
Scott OlsonCaregivers anticipates coping with declining Medicare reimbursements while having to offer insurance to its employees.
MoreConnecticut to probe WellPoint security breach
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.
MoreBraly's political skirmishes hurting insurer, critics say
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.
MoreWellPoint CFO says feds may phase in medical-spending rule
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.
MoreEffective stats are new hurdle for U.S. drugmakers
May 26, 2010
J.K. WallWellPoint Inc.'s announcement of comparative effectiveness research guidelines last week marks a new era for U.S. drugmakers.
The Indianapolis-based health insurer will use studies that compare the effectiveness of one drug against another as a complement
to typical clinical trial research that compares a drug against a placebo sugar pill.
MoreER doc is affable WellPoint activist
May 19, 2010
J.K. WallDr. Rob Stone wants the giant health insurer to convert to not-for-profit status and put him, an advocate of national health
insurance, on the company's board.
MoreBuffett bails on WellPoint
May 18, 2010
J.K. WallInfluential investor sold off all 1.3 million shares in the Indianapolis-based health insurer during the first quarter.
MoreWellPoint meeting ends abruptly as Bush collapses
May 18, 2010
J.K. WallBoard member William "Bucky" Bush, uncle of former President George W. Bush, appeared OK after a shortened meeting in which
shareholders approved
a "say-on-pay" proposal. Protesters gathered outside WellPoint's headquarters after the meeting.
MoreStudy: Quality, costs better at big practices
May 12, 2010
J.K. WallAs physician mergers increase in Indianapolis, a new study has determined that quality at large, multispecialty practices
is at
least 5 percent higher and costs are 3.6 percent lower than at small group practices.
MoreQ&A
May 12, 2010
J.K. WallJoe Guzman is a co-founder of Indianapolis-based Ascend USA, the new trade adopted after Guzman merged his
benefits brokerage, Benefits Strategies Inc., with benefits business Steven Goodin. The eight-person firm expects to hire
as many 15 new employees in the next year. Those workers will help Ascend diversify from health benefits into brokering commercial
insurance products.
MoreReport: WellPoint, Aetna may need relief from cost mandate
May 11, 2010
Bloomberg NewsThe U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said.
MoreWellPoint, others may need relief from law's spending mandate
May 10, 2010
Bloomberg NewsThe health law passed by Congress in March will force insurers like WellPoint to give rebates to customers next year if the
companies don't meet the medical-spending minimums.
MoreBraly, Obama spar again over WellPoint cancellation policies
May 10, 2010
J.K. WallCEO of Indianapolis-based health insurer wrote to Obama on Sunday to rebut the president's criticism that WellPoint seeks
out breast cancer patients to cancel their policies.
MoreAnthem Blue Cross withdraws big California rate hike
April 29, 2010
Associated PressAnthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent
audit determined the company's justification for raising premiums was based on flawed data.
MoreQ&A
April 28, 2010
J.K. WallDr. Stanley Adkins is chief medical officer of Indianapolis-based AmeriVeriCR, a startup that uses software to review medical
claims for errors. With health care reform and a new, larger set of
diagnosis codes phasing in over the next few years, AmeriVeri is betting that demand for its service will increase.
MoreWellPoint profits rise, beat analysts' expectations
April 28, 2010
J.K. WallThe Indianapolis-based health insurer was helped in first quarter by a mild flu season, but it now expects to lose nearly
700,000 customers by year end.
MoreWellPoint gets lashing from Sebelius, again
April 26, 2010
J.K. WallIndianapolis-based health insurer trades jabs with U.S. health secretary after Reuters story claims insurer deliberately cancels
coverage for breast cancer patients.
MoreRockefeller: Insurers don't spend enough on medical care
April 15, 2010
Bloomberg NewsIndianapolis-based WellPoint “reclassified” more than half a billion dollars of administrative expenses as medical
expenses when it was defining its medical-loss ratio, according to a report released by U.S. Senator Jay Rockefeller’s
office.
MoreQ&A: Jim Parker
April 14, 2010
J.K. WallJim Parker was an executive at Anthem Blue Cross and Blue Shield and WellPoint for 14 years, including a year and a half as
chief of staff to CEO Angela Braly. He now is president of his own consulting firm, Meridian Strategic Advisors, in Indianapolis.
He spoke about the impact of the new health reform law on health insurers.
MoreEmployers want cake, and to eat it, too
April 13, 2010
J.K. WallEmployers are still trying to get their arms around what the new health insurance law will mean for them. But on the eve of
the law's passage last month, a survey by Indianapolis-based United Benefit Advisors LLC showed employers as a group had
no hope the law would reduce their costs but also no coherent plan for reforming the current system.
MoreWellPoint, UnitedHealth, grapple with medical-cost mandate
April 13, 2010
Bloomberg NewsA U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.
MoreMembers: Anthem health plans subpar
April 7, 2010
J.K. WallAnthem Blue Cross and Blue Shield of Indiana fell slightly below average for customer satisfaction among scores of health
plans,
according to a new survey by California-based J.D. Power & Associates.
MoreShareholder group wants WellPoint to become not-for-profit
April 6, 2010
J.K. WallProposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
MoreWellPoint faces biggest changes under new law
March 31, 2010
J.K. WallThe Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing
the impact of health reform.
MoreEmployers fret over health care overhaul
March 27, 2010
J.K. WallMost employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
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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.