WellPoint
WellPoint may be anti-competitive, Connecticut AG says
March 8, 2010
IBJ Staff and Bloomberg NewsWellPoint Inc.'s Anthem Blue Cross & Blue Shield of Connecticut may constrain competition through contracts that require
that the insurer receives hospital discounts at least as favorable as any provided to a competitor.
MoreMAURER: WellPoint's Braly bravely takes on fuss
March 6, 2010
Mickey MaurerWellpoint CEO Angela Braly was criticized by President Obama on national television. She incurred the wrath of health insurance
policyholders in California and Indiana. She reignited debate on the moribund national health care reform bill. A woman hasn’t
caused this much turmoil since all those ships were launched by Helen of Troy.
MoreThree Indiana companies among world's most admired
March 5, 2010
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
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.
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.
MoreWellPoint testimony drops green flag on health reform restart
February 24, 2010
J.K. WallCEO Angela Braly is defending individual premium hikes one day before Obama's summit to debate his new reform proposal
with Republicans.
MoreWellPoint gets tax delay in Obama health plan
February 22, 2010
Bloomberg NewsInsurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional
funding for expanding Medicaid, under a White House proposal
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.
MoreA closer look at WellPoint's health insurance profits
February 22, 2010
Associated PressAt the heart of the debate is the question of what should be a fair profit for health insurers. WellPoint CEO Angela Braly
will likely be grilled on the issue when she appears at a Congressional hearing Wednesday.
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.
MoreUPDATE: Glasscock retirement marks WellPoint's maturation
February 3, 2010
J.K. WallLarry Glasscock will step down March 1 as WellPoint CEO Angela Braly takes over leadership of the company's board. She replaced
Glasscock as CEO on June 1, 2007.
MoreChairman Glasscock retiring from WellPoint board
February 3, 2010
IBJ StaffLarry Glasscock will retire as chairman of WellPoint Inc.'s board, the Indianapolis-based health insurer said early Wednesday.
Company CEO Angela Braly will assume the position March 1.
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.
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Mr. M. would never use this paper to his financial benefit, plus he is to busy bashing Emmis and Simon when he can.
This is OLD news, unless upcoming investigations by Durham land something with Brizzi involved with these transactions.
What is most uncomfortable is a public servant who cuts deals to benefit himself, he is brazen in that regard, too open and in many cases reckless. BTY, he used to use National Bank of Indianapolis alot, so I doubt Mr. M is too upset
How new are they? He has won three times at the ballot box, so evidently less than 50% of those who vote dont think he has done much wrong.
Also, these stories with no attributable quotes to the main people involved at typical IBJ reporting. At a minimum how does the reporter not interview another high profile Commercial Real Estate broker (Paul Dick, Bill French, John Crisp, etc) and get their opinion on the fairness of these deals between the City of Indy and Bales?
Poor reporting.
Mike, are you kidding me? Do you really think Bales has done nothing wrong? So do you think the driver of a get away car isn't doing anything wrong because he didn't commit the bank robbery?
How do you think Brizzi got all that money to enter into investment deals with Bales? Bales was clearly buying influence...cutting deals and kicking money back to Brizzi in the form of of investments. Do you think that is legal?
Again, two prime examples of why there should be a multi-year "cooling off" period before public employees can go work at for-profit companies soliciting and lobbying the same employers where they just worked.
Is the IBJ determined to kill Bales' career? I mean, he has done nothing wrong and continues to get slammed on here. This is very upsetting to see. Is Maurer trying to help his son's company out or something? Seriously, wtf?