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WellPoint
Surprise director departures boost WellPoint shares
May 14, 2013
Greg AndrewsOutside observers cast the departures of Lenox Baker, Sheila Burke and Susan Bayh as a positive that will allow new CEO Joseph
Swedish to recast the board.
MoreThree WellPoint directors step down, cite personal reasons
May 13, 2013
Bloomberg NewsLenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said
Monday in a regulatory filing.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreObamacare exchanges could zap WellPoint profits
April 29, 2013
J.K. WallAccording to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
MoreWellPoint CEO: Acquisitions of hospitals, doctors unlikely
April 24, 2013
J.K. WallJoe Swedish, who took the helm of the Indianapolis-based health insurer a month ago, threw cold-water Wednesday on widespread
speculation that he will lead the company through a wave of buying hospitals and medical practices.
MoreWellPoint raises profit forecast after solid first quarter
April 24, 2013
J.K. WallThe Indianapolis-based health insurer easily beat Wall Street's expectations for earnings in the first quarter and revenue
rose 15 percent.
MoreInvestors await progress report from WellPoint
April 22, 2013
Associated PressMany investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
MoreWellPoint execs get double-digit pay bumps while stock falls
April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
MoreOutgoing WellPoint CEO made more than $20M last year
April 2, 2013
Associated PressThe compensation paid to outgoing Wellpoint Inc. CEO Angela Braly last year rose 56 percent, even as the company's shares
slid on lower enrollment in its Blue Cross Blue Shield health plans.
MoreWellPoint jumps after feds reverse Medicare decision
April 2, 2013
Bloomberg NewsShares of Indianapolis-based WellPoint rose along with those of other medical insurers Tuesday morning after the U.S. government
reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
MoreStudies: Employers could save with Medicaid expansion
March 18, 2013
J.K. WallThe debate over expanding Medicaid in Indiana so far has hinged on how much it will cost. But two recent studies suggest Hoosier
employers should be focused on how much a Medicaid expansion will save them: perhaps as much as $400 million per year.
MoreProfits at center of biosimilars debate
March 18, 2013
J.K. WallHouse Bill 1315, which is scheduled for a Senate floor hearing on Monday, would require pharmacists to check with a patient’s
physician before automatically substituting a generic version of a biotech drug for a brand-name version.
MoreCritics of WellPoint choice may not be easily swayed
February 23, 2013
Greg AndrewsIt's way too early to declare the board dysfunctional for making a surprise choice—Joe Swedish, CEO of Michigan-based
hospital system Trinity Health—for the company’s new CEO.
MoreWellPoint exec Carlson leaving insurer after losing CEO bid
February 15, 2013
Bloomberg NewsFormer Amerigroup Corp. CEO James Carlson will leave WellPoint Inc., the company said Friday—three days after he was
passed over for the Indianapolis-based insurer's top job.
MoreWellPoint shares tumble on surprising CEO hire
February 13, 2013
J.K. WallThe Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly
named career hospital executive Joe Swedish to be its next CEO.
MoreWellPoint taps Catholic hospital system chief as new CEO
February 12, 2013
J.K. WallJoe Swedish, CEO of Michigan-based Trinity Health since December 2004, will replace Angela Braly, who was forced out in August.
MoreWellPoint beats analysts' estimates with 4th-quarter profit surge
January 23, 2013
Associated Press, J.K. WallThe Indianapolis-based health insurer earned $464 million, or $1.51 per share, in the fourth quarter, a 38-percent leap from
a year ago, and topped analysts' forecasts by 8 cents per share.
MoreInsurers may prove choosy with overhaul exchanges
January 17, 2013
Associated PressThe leader of the nation's largest health insurer warned Thursday not to assume widespread participation from his company
in part of health care overhaul's coverage expansion that unfolds later this year.
MoreAmerigroup chief emerges as a frontrunner for WellPoint job
January 15, 2013
Bloomberg NewsWellPoint Inc. is still considering former Amerigroup Corp. CEO James Carlson among several finalists to become CEO. Statements
and filings this month have fueled speculation among analysts and shareholders that Carlson has vaulted ahead of other prospects.
MoreAnthem pulling out of Quality Health First
January 14, 2013
J.K. WallSince 2009, Indianapolis-based Anthem has doled out $14.5 million in bonuses to physicians based on their scores in quality
reports generated by Quality Health First.
MoreWellPoint draws criticism for California rate increase
January 9, 2013
Bloomberg NewsWellPoint Inc.’s plan to raise the rates for small employers in California was criticized as unreasonable by the state
insurance commissioner, who said customers are being charged this year to cover U.S. health-law fees that won’t begin
until 2014.
MoreWellPoint says earnings could slightly exceed expectations
January 8, 2013
Associated PressWellPoint Inc. said Tuesday that it expects 2012 earnings at the high end or slightly above a range that the health insurer
reaffirmed last month.
MoreWellPoint reaffirms 2012 earnings forecast
December 11, 2012
Associated PressWellPoint Inc. is sticking with a 2012 earnings forecast that it had cut in July, and the nation's second-largest health
insurer said it expects next year's earnings to be on par with this year's performance.
MoreFeds clear WellPoint's $4.5B acquisition of Amerigroup
November 28, 2012
Associated PressThe government has dropped its antitrust concerns about health insurer WellPoint Inc.'s proposed acquisition of Amerigroup
Corp., the Justice Department said Wednesday, clearing WellPoint to proceed with the $4.46 billion deal.
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