WellPoint
Disappointing quarter puts WellPoint brass on hot seat
February 11, 2012
Greg AndrewsAnalysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing
of its Medicare Advantage senior coverage.
MoreUPDATE: WellPoint to boost primary-care pay
January 27, 2012
Associated PressHealth insurer WellPoint Inc. plans to improve primary care reimbursement and start paying for care management it doesn't
currently cover, changes that could give patients more quality time with their doctors.
MoreWellPoint shares sink after disappointing earnings report
January 25, 2012
IBJ Staff and Associated PressWellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed
to meet analyst expectations.
MoreWellPoint earnings fall well short of analysts' expectations
January 25, 2012
J.K. WallThe Indianapolis-based health insurer reported earnings of $335.3 million, or 96 cents per share, down 39 percent from the
same quarter a year ago.
MorePoll: Anthem so-so in customer satisfaction
January 23, 2012
J.K. WallAnthem Blue Cross and Blue Shield ranked No. 12 in a new national customer satisfaction survey, but the poor showing doesn’t
appear to threaten the Indianapolis-based company’s business success.<
MoreIndiana deals ranged upward of $800 million
January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
MoreWellPoint, other insurers profit from health law they oppose
January 5, 2012
Insurance companies spent millions of dollars trying to defeat the U.S. health-care overhaul. But profit margins at the companies
have widened to levels not seen since before the recession, a Bloomberg Government study shows.
MoreWellPoint prevails in shareholder suit over 2001 restructuring
December 28, 2011
Kathleen McLaughlinA federal judge has dismissed a shareholder class-action lawsuit against WellPoint stemming from the company’s 2001
conversion from a mutual insurer to a publicly traded company.
MoreWellPoint won’t put brand-name Lipitor on generics list
December 1, 2011
Bloomberg NewsIndianapolis-based WellPoint Inc., the largest U.S. health insurer by enrollment, will favor a copy of the blockbuster cholesterol
medication made by Watson Pharmaceuticals Inc., the insurer said.
MoreUnitedHealth to acquire Medicare insurer XLHealth
November 22, 2011
Bloomberg NewsUnitedHealth Group Inc. said it will acquire XLHealth Corp., a provider of managed care for chronically ill Medicare members.
Indianapolis-based WellPoint Inc. had been considering a possible acquisition of the company.
MoreWellPoint eyes $1.5 billion deal for XLHealth
November 14, 2011
Bloomberg NewsOffers for XLHealth, a provider of managed care for chronically ill Medicare members, may value the company at $1.5 billion
to $2 billion.
MoreNew York orders WellPoint to make refunds for overcharges
November 10, 2011
Bloomberg NewsWellPoint is among 11 insurers ordered to refund money to almost 600,000 New Yorkers who were charged too much for health
insurance.
MoreKaiser: Lack of competition endemic
October 31, 2011
J.K. WallIn a new study, Indiana ranked as the 19th least-competitive state for individual health insurance and the 27th least-competitive
for small-employer health insurance.
MoreInsurer Humana's quarterly profit climbs 13 percent
October 31, 2011
Associated PressHumana Inc. raised its 2011 earnings forecast, following the lead set by other big insurers, including competitor WellPoint
Inc.
MoreWellPoint's 3rd-quarter profit falls, but beats analyst estimates
October 26, 2011
IBJ Staff and Bloomberg NewsWellPoint earned $683.2 million in the third quarter, down 7.6 percent from the same quarter a year ago. But the company boosted
its per-share profit forecast for the rest of the year.
MoreInsurance mandate lacks teeth, WellPoint CFO says
October 24, 2011
J.K. WallAs constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief
financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.
MoreWellPoint competitor Cigna buying HealthSpring
October 24, 2011
Associated PressCigna Corp. will buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal as it becomes the latest managed care
company to snap up a bigger share of the fast-growing Medicare Advantage market.
MorePrivate exchange could boost WellPoint profits
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.
MoreWellPoint expands share buyback plan by $5 billion
October 3, 2011
Bloomberg NewsThe insurer said it will use the authorization over several years as market and industry conditions dictate.
MoreJudge stays decision in WellPoint policyholder case
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.
MoreWellPoint buying private health insurance exchange
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.
MoreIBM putting Watson to work in health insurance
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.
MoreWellPoint spent $1.3M on federal lobbying in 2nd quarter
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.
MoreAnthem not quite so dominant
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.
MoreWellPoint fails to profit on consumer pullback
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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Mike, I am confused by your message, what is it besides hiding behind a flag, a song, and a symbol. I am surpised you can find Indiana, you and your phony "Washington" outsider mentality. You are a legend in your own mind, come and see what it is like to work and live in this state. You are a lifelong politician, admit it and carry on.
Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans