August 25, 2012
J.K. WallUnitedHealth has been enjoying healthy profits, growing customer rolls and a rising stock price—things the Indianapolis
insurer has been unable to match. That tough comparison lies behind some of the investor attacks on WellPoint CEO Angela Braly.
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August 24, 2012
Bloomberg NewsAnother plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement.
Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco
Health Solutions Inc.
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August 23, 2012
Bloomberg NewsRoyal Capital Management LLC is calling for the ouster of WellPoint Inc. CEO Angela Braly in a letter to the health insurer,
saying she has "failed miserably."
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August 20, 2012
J.K. WallWellPoint Inc.’s $4.9 billion offer for Virginia-based Amerigroup Inc. apparently wasn’t the only—or even the most lucrative—offer
for the Medicaid managed care company. But it was the deal surest to come to fruition before a key deadline for a big payout
for Goldman Sachs & Co., according to a shareholder lawsuit filed Aug. 16 against the Amerigroup board of directors.
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August 20, 2012
Bloomberg NewsAetna joins rivals WellPoint Inc. and Cigna Corp. in making big acquisitions as the U.S. government expands medical coverage.
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August 13, 2012
IBJ Staff and Bloomberg NewsA WellPoint Inc. director said there’s no move by the board to fire CEO Angela Braly for poor performance. Meanwhile,
an expert predicted Braly will have at least until early 2013 to right the ship as the company awaits the close of the $4.9
billion Amerigroup acquisition.
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August 10, 2012
Bloomberg NewsWellPoint Inc.’s Angela Braly is facing tough questions about her performance after the Indianapolis-based health insurer
reported disappointing earnings last month and cut its 2012 forecast. Investors say Braly is the problem and some are calling
for her ouster.
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July 27, 2012
Bloomberg NewsThe Obama administration Thursday announced a partnership with the industry in which WellPoint Inc., UnitedHealth Group Inc.
and other insurers may try to share more billing data with the government to root out fraud.
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July 26, 2012
Bloomberg NewsWellPoint Inc.'s board, reacting to criticism after the health insurer cut its profit forecast on Wednesday, said the management
team led by CEO Angela Braly has its full support.
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July 25, 2012
Bloomberg NewsWellPoint Inc. stock fell more than 12 percent Wednesday after the insurer's quarterly earnings missed analyst estimates and
it trimmed its full-year forecast.
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July 14, 2012
J.K. WallThe buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield
plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.
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July 12, 2012
Bloomberg NewsWellPoint Inc. said it will pay for DNA testing for three children to see if they have an inherited heart disease their father
suffers from that often strikes without warning, reversing an earlier decision to deny coverage.
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July 9, 2012
J.K. WallInvestors and analysts like the fact that WellPoint is playing more aggressively in government-sponsored health plans, such
as Medicaid and Medicare, which are projected to be the key sectors for growth for the next several years.
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July 9, 2012
IBJ Staff and Bloomberg NewsThe Indianapolis health insurer is buying Virginia-based Amerigroup Corp. to expand in managed care for poor and elderly patients
in the Medicare and Medicaid programs.
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June 29, 2012
Associated PressThe Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many
players in the health care industry, but not every corner of the sector will benefit.
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June 18, 2012
Bloomberg NewsIndianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million
settlement in a class-action lawsuit.
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June 16, 2012
Performance varied widely as industries ebbed, flowed.
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June 15, 2012
Scott OlsonThe federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem's 2001 conversion from a
mutual company, owned by its insured policyholders, to a public company.
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June 4, 2012
J.K. WallThe future of health insurance is lower profit margins and greater consumer control. WellPoint Inc. just bet $900 million
on it.
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June 4, 2012
Bloomberg News, Associated PressWellPoint Inc. plans to buy lens retailer 1-800-Contacts Inc. in a deal worth an estimated $900 million, giving the insurer
its first direct-to-consumer business outside selling individual health coverage.
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June 4, 2012
IBJ StaffThe Indianapolis-based health insurer said 1-800 Contacts is attractive partly because it has bigger profit margins than its
core insurance business, The Wall Street Journal reported.
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May 23, 2012
National Government Services Inc., which processes Medicare and Medicaid claims for the federal government, attributed the
job reductions to the loss of a government contract. The subsidiary will still have about 500 workers in Indianapolis.
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May 16, 2012
J.K. WallThe proposal, which sought twice-yearly reports on all the health insurer's donations used for political campaigns or lobbying,
was overwhelmingly voted down by WellPoint shareholders.
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May 15, 2012
J.K. WallA mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and
some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s
political spending.
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April 26, 2012
Associated PressMore than 3 million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year,
thanks to health care reforms, a research group said Thursday. Indianapolis-based WellPoint Inc. is expected to return $94
million.
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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.