October 30, 2010
Associated PressThe lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses
to provide notification of data breaches in a timely manner.
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October 27, 2010
J.K. WallDijuana Lewis will get nearly $3.2 million on her way out the door at WellPoint Inc. after what sources described as a dispute
with CEO Angela Braly over a change in duties.
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October 25, 2010
Associated PressLast year, Dijuana Lewis earned a $650,000 salary as one of the insurer's highest paid executives and received a $200,000
bonus in part for helping to lead the sale of the NextRx subsidiary to Express Scripts Inc. for about $4.68 billion.
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October 13, 2010
Bloomberg NewsUntil all consumers are required to buy health insurance, coverage restrictions are needed to keep people from gaming the
system, insurers say.
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October 12, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. and competing U.S. health insurers approved $10 billion in stock repurchases in the past
year, a concern to investors who say buybacks failed to increase share prices and who want more spent on dividends.
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October 6, 2010
J.K. WallHealth insurers, including locally based WellPoint Inc. and Advantage Health Solutions, have been looking to work with health
care providers to form accountable-care organizations. But they also worry that the accountable-care concept will become nothing
more than a negotiating tactic by hospitals and doctors.
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September 29, 2010
J.K. WallHealth insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds
of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
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September 22, 2010
Bloomberg NewsThe failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan
stocks and complicating insurance company decisions.
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September 21, 2010
Associated PressThe company said the Centers for Medicare & Medicaid Services renewed its durable medical equipment administrative contract
for a region that covers Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio and Wisconsin.
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September 8, 2010
J.K. WallIt’s been a tough year for major health insurers, but Barron’s magazine predicts a big comeback for Indianapolis-based
WellPoint Inc. and its rival UnitedHealth Group.
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August 27, 2010
Bloomberg NewsHealth insurers led by WellPoint Inc. are backing Republicans with campaign donations by an 8-to-1 margin, favoring the party
that's promised to repeal President Barack Obama's health-care overhaul if it wins back Congress.
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August 25, 2010
Associated PressThe California Department of Insurance said Wednesday it approved a rate increase averaging about 14 percent for Anthem Blue
Cross customers. The department also OK'd a nearly 19-percent increase for Blue Shield of California.
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August 9, 2010
Bloomberg NewsProceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
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August 3, 2010
Bloomberg NewsWellPoint Inc., UnitedHealth Group Inc. and three other health insurers, criticized by Democrats during the health care reform
debate, are seeking to influence how the new law will be implemented, and possibly change it, by campaigning for supportive
congressional candidates.
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July 29, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
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July 28, 2010
J.K. WallThe Indianapolis-based health insurer raised its full-year profit forecast after it earned $722.4 million, 4 percent higher
than during the same quarter a year ago. Revenue and health plan membership fell.
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July 24, 2010
IBJ StaffWellPoint Inc. is one of the nation's largest health insurance companies and sells its products primarily under the Blue
Cross Blue Shield brand name.
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July 17, 2010
Norm Heikens, Scott Olson, J.K. WallNearly four months after President Barack Obama signed a health reform bill into law, businesses are still grappling with
its
impact on the health benefits they offer their employees.
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July 14, 2010
J.K. Wall
WellPoint Inc. is turning from opponent of the health care reform law passed in March to “trusted adviser.” It
launched a website, healthychat.com,
where company representatives answer customers’ questions about the new health reform law.
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July 7, 2010
J.K. WallWellPoint Inc. has about $800 million riding on one arcane rule: how to calculate a medical loss ratio. The ratio quantifies
the percentage of customers’ premiums were spent on medical care, rather than overhead or profits.
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July 2, 2010
Bloomberg NewsAttorney general seeks more details on the breach, which may have compromised financial and health information on almost 500,000
people. He also calls on the Indianapolis-based insurer to provide affected customers with credit monitoring and theft protection
services.
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June 26, 2010
IBJ StaffIndiana University and WellPoint Inc. were the only Indiana employers to land in Computerworld magazine’s top
100 rankings as
one of the “Best Places to Work in IT.”.
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June 24, 2010
Bloomberg NewsU.S. health insurers are “moving towards an oligopoly,” a process that this year’s health-care overhaul
will accelerate, the investor-relations chief at WellPoint Inc. said Thursday.
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June 19, 2010
Marc D. AllanOne-time events influenced bottom lines of some of the few companies that made more money in 2009.
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June 19, 2010
J.K. WallWhen WellPoint Inc. named Angela Braly its CEO three years ago, it touted her experience dealing with politicians and government
regulators. But WellPoint is now the poster child for health insurer bad behavior—credited in Washington with reviving
a
dead health reform bill the company opposed.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.