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Articles

WellPoint CEO blames health costs for hikes

February 24, 2010

Amid 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.

California lawmakers question Anthem about rate hikes

February 24, 2010

California lawmakers grilled Anthem Blue Cross executives on Tuesday about their plan to boost individual insurance premiums
by as much as 39 percent, only to hear them blame the economy and a broken health care system.

WellPoint testimony drops green flag on health reform restart

February 23, 2010

CEO Angela Braly is defending individual premium hikes one day before Obama's summit to debate his new reform proposal
with Republicans.

WellPoint to face questioning over rate hike

February 23, 2010

Executives are scheduled to testify Tuesday before a California legislative committee and on Wednesday before a U.S. House
of Representatives committee about big premium increases.

California regulator finds Anthem Blue Cross violations

February 23, 2010

California’s insurance regulator said Monday his office has found more than 700 violations by the state’s largest for-profit
health insurer, a subsidiary of Indianapolis-based WellPoint.

Receiver: Insolvent Hansen & Horn should be liquidated

February 22, 2010

The troubled home builder’s $14.5 million in liabilities are twice as much as its assets, receiver tells Marion County judge,
who takes the recommendation under advisement.

WellPoint gets tax delay in Obama health plan

February 22, 2010

Insurers 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

Obama endorses new taxes, more drugmaker fees

February 22, 2010

Obama, 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.

Insurers warn of problems with federal regulator

February 22, 2010

President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group.

New Obama health proposal would limit rate hikes

February 22, 2010

President Barack Obama is making a fresh attempt to rescue his health care overhaul by proposing a measure that would allow
the government to deny or roll back egregious insurance premium increases that infuriate consumers.

General Growth board sued for rejecting $10B Simon bid

February 20, 2010

Directors at Chicago-based General Growth Properties Inc. are being sued by a shareholder claiming they shouldn’t have
rejected a $10 billion buyout offer from competitor Simon Property Group Inc.

White House plans new rules for health insurers

February 19, 2010

President 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.

Parking hangup slows renovation of blighted apartment building

February 19, 2010

A local developer's plans to renovate a long-vacant and graffiti-covered 1915 building along Meridian Street have hit
a snag over a lack of parking.

Bayh’s exit may pinch federal funds going to Indiana

February 18, 2010

Sen. Evan Bayh brought home the bacon—more than
$1.4 billion in federal appropriations and grants in just the last 12 months.

Obama’s stimulus aims to boost access to small-biz loans

February 18, 2010

No incentive can make a bad deal bankable. But President Obama’s stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.

Plan for optional interstate tolls may hit potholes

February 18, 2010

A proposal to add optional toll lanes to parts of Interstates 69 and 65 raises all kinds of questions, such as how to squeeze
more lanes into the crowded I-69 corridor northeast of the city. And it’s debatable whether toll lanes could make more
money than they cost to implement.

Foes keep up 31-year fight over central Indiana landfill

February 18, 2010

A developer who has been trying for 31 years to build a central Indiana landfill says he’s ready to start construction after
receiving a state permit.

Meetings start public discussion of regional transit plan

February 16, 2010

Indy Connect will hold its first public forum Tuesday evening to begin the process of gathering public input on a regional
transportation plan that proposes raising taxes to build a light-rail line, improve bus service and expand roadways.

WellPoint delays investor meeting to testify on rate flap

February 16, 2010

The Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its
earnings forecast is now less clear.

Indiana part of national medical school surge

February 15, 2010

Marian University’s planned medical school is one of two dozen nationally, but budget cuts are forcing Indiana University to retreat
on enrollment expansion.

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