October 3, 2011
J.K. WallWellPoint Inc.'s participation in buying a majority stake of the private health insurance exchange operator Bloom Health could
help it get back to its roots as a health insurer—and make a bit more money in the process.
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October 3, 2011
Bloomberg NewsThe insurer said it will use the authorization over several years as market and industry conditions dictate.
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September 23, 2011
J.K. WallFormer policyholders of WellPoint Inc., who won a right to a class-action trial over their claims that they were shortchanged
when the company went public a decade ago, will have to put their trial plans on hold.
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September 20, 2011
Bloomberg NewsThe deal helps WellPoint compete for employers with the U.S. state-run marketplaces set to open in 2014 under President Obama’s
health-care overhaul.
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September 12, 2011
Associated PressIBM’s supercomputer system, best known for trouncing the world’s best “Jeopardy!” players on TV, is
being tapped by one of the nation’s largest health insurers to help diagnose medical problems and authorize treatments.
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August 18, 2011
Associated PressWellPoint lobbied on issues tied to the overhaul's implementation and regulations for accountable care organizations,
which are networks of hospitals, doctors, rehabilitation centers and other providers that coordinate a patient's care.
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August 15, 2011
J.K. WallRevised Insurance Department data show the Indianapolis-based carrier claims about 60 percent of the individual health insurance
market in Indiana, down from a previously reported 65 percent.
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August 1, 2011
J.K. WallWith recession-weary Americans going to the doctor less, health insurer WellPoint Inc. should be enjoying higher profits.
But it isn’t working out that way.
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July 27, 2011
Associated PressConsumers may catch a little break when their health insurance policies renew. Lower-than-expected use of health care has
helped push insurer earnings higher and that may temper how much they increase premiums.
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July 27, 2011
J.K. WallIndianapolis-based WellPoint earned $702 million in the latest quarter after earning $722 million a year ago. It also raised
its full-year profit forecast.
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July 25, 2011
J.K. WallIndianapolis-based WellPoint claimed 63 percent of all employees covered by small-group employers and 66 percent of the workers
at large-group employers, according to Seattle-based actuarial firm Milliman Inc.
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July 19, 2011
Health insurers led by WellPoint Inc. would be required to cover birth control pills and devices at no cost to patients under
the recommendation of a top U.S. scientific advisory board.
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July 18, 2011
Associated PressA California court has granted preliminary approval to a lawsuit settlement over an online security breach of health insurer
WellPoint Inc.'s records.
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July 18, 2011
Bloomberg NewsNot-for-profits that compete with insurers such as WellPoint Inc. are eligible for $3.8 billion in U.S. financing under the
health law, and the government expects more than a third of the loans not to be repaid.
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July 5, 2011
Associated PressHealth insurer WellPoint Inc. will pay $100,000 and take other steps after admitting it waited months to notify 32,000 Indiana
customers that their Social Security numbers, health records and other personal information might have been exposed online.
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June 24, 2011
Associated PressHealth insurer WellPoint Inc. has enlisted Google Maps for new websites that help patients think twice before they visit an
emergency room for care that a less-expensive retail health clinic could handle.
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June 13, 2011
J.K. WallAnalysts raised their eyebrows at the $800 million reportedly paid by WellPoint Inc. to acquire a West Coast Medicare plan,
but with the commercial health insurance business stagnating, Medicare is vital to WellPoint’s future growth.
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June 8, 2011
Bloomberg NewsIndianapolis-based WellPoint Inc. agreed to acquire CareMore Health Group to expand Medicare coverage in California, Arizona
and Nevada. The insurer paid almost $800 million, according to people familiar with the deal.
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May 27, 2011
Associated PressHealth insurer WellPoint Inc. said its chief accounting officer has been removed immediately "without cause" and
replaced with a veteran company executive.
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May 20, 2011
Bloomberg NewsU.S. insurers led by WellPoint Inc. and UnitedHealth Group Inc. failed to get federal regulators to change a rule in the 2010
health-care overhaul that triggers a review of any premium increases exceeding 10 percent.
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May 17, 2011
J.K. WallShareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for
the right to weigh in annually on future executive compensation.
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May 7, 2011
Greg AndrewsThe ultimate test of whether buybacks are good deals for shareholders hinges on whether the price paid for the stock proves
over time to have been a bargain or inflated.
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April 27, 2011
J.K. WallIndianapolis-based WellPoint Inc. is the third health insurer in the past week to beat analysts' predictions by a huge margin
and raise its full-year forecast.
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April 27, 2011
J.K. WallThe Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
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April 25, 2011
J.K. WallAnthem Blue Cross and Blue Shield’s vision for accountable care organizations foresees doctors and hospitals shifting
to global capitation payments and employers getting bigger discounts if they allow their workers access only to health care
providers in a specific organization.
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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.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.