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Health Insurance
Reform offers risk, opportunities for Lilly, WellPoint
March 22, 2010
IBJ Staff and Bloomberg NewsDrugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.
MoreCongress passes historic health care bill
March 21, 2010
Associated PressTo pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
MoreSimon Property Group adds Glasscock to board
March 18, 2010
IBJ Staff and Associated PressFormer WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
MoreWellPoint expects loss of 400,000 insured members this year
March 17, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
MoreSebelius asks insurers to justify rate hikes
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.
MoreConsumer group sues Anthem over policy changes
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.
MoreWellPoint records subpoened in California probe
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.
MoreStudy: Hospital clout spurs higher Calif. health costs
February 26, 2010
Bloomberg NewsWhile insurers get the blame for rising health-care costs for consumers, surging fees from hospitals and the growing dominance
of such providers may be just as responsible for driving up expenses, according to a new study examining California's
market.
MoreWellPoint CEO blames health costs for hikes
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.
MoreObama endorses new taxes, more drugmaker fees
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.
MoreInsurers warn of problems with federal regulator
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.
MoreWellPoint's health insurance rate hike spurs legislative inquiry
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.
MoreWhite House plans new rules for health insurers
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.
MoreWellPoint rate hikes spark protest in Indianapolis
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.
MoreWellPoint, insurance commissioner get earful from lawmakers
February 17, 2010
J.K. WallState House insurance committee chair grills executives about WellPoint's 21-percent premium increase for individual policyholders
in Indiana.
MoreWellPoint hits bottom with customers
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.
MoreState lawmakers to probe WellPoint premium hikes
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.
MoreWellPoint delays investor meeting to testify on rate flap
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.
MoreCould WellPoint woes breathe life into health reform?
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.
MoreWellPoint CFO says insurance 'mega-mergers' unlikely
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.
MoreWellPoint: More employers involved in provider talks
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.
MoreConcluding the worst is over, investors warm to WellPoint
January 27, 2010
J.K. WallAnalysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
MoreIndiana GOP wants to block federal health reform mandates
January 23, 2010
IBJ StaffRepublicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform
from taking effect in Indiana.
MoreState Republicans try to block health reform mandates
January 20, 2010
J.K. WallJoint resolutions in the state Legislature seek to amend the state constitution to block enforcement of provisions in the
federal bills that would require individuals to buy insurance and all but the smallest employers to help pay for it.
MoreIndy man gets 2 years for extorting insurance firm
January 13, 2010
Associated PressKevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
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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.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.