Arcadia Resources Inc. this morning reported a loss of $32.7 million in its fiscal fourth quarter, far larger than the $4.5 million loss it announced in the same period a year earlier. The vast majority of the decline – $29.3 million – was due to one-time costs related to asset-impairment charges, debt restructuring costs and […]
Arcadia Resources Inc. this morning reported a loss of $32.7 million in its fiscal fourth quarter, far larger than the $4.5 million loss it announced in the same period a year earlier. The vast majority of the decline – $29.3 million – was due to one-time costs related to asset-impairment charges, debt restructuring costs and […]
Employers who offer health insurance coverage could see a 9-percent cost increase next year, and their workers may face an even bigger hit, according to a report from consulting firm PricewaterhouseCoopers. Costs will rise in part because workers worried about losing their jobs are using their health care insurance more while they still have it, […]
With more people out of work and without health insurance, you’d expect that the county-owned Wishard Health Services, whose mission is to treat the poor and indigent, would be flooded. Well, it is, but not any more than usual. Occupancy at its hospital in downtown Indianapolis was 98 percent before the recession and is still […]
The Indiana General Assembly session will end with a focus on what has dominated discussion since Organization Day back in November: fiscal issues.
The federal government said last night it will bump up a rate used to figure Medicare Advantage reimbursement to insurers by nearly 1 percent, but many analysts expect overall payment rates to fall next year. The Centers for Medicare & Medicaid Services said the national average growth percentage per capita for Medicare Advantage plans would […]
Wall Street will be watching when the federal government unveils final Medicare Advantage rates for 2010 after markets close today. So will health care insurers, including Indianapolis-based WellPoint Inc. Two months ago, several insurance stocks sank sharply after the release of preliminary data showed rate increases to be smaller than analysts expected. Medicare Advantage allows […]
Wall Street will be watching when the federal government unveils final Medicare Advantage rates for 2010 after markets close today. So will health care insurers, including Indianapolis-based WellPoint Inc. Two months ago, several insurance stocks sank sharply after the release of preliminary data showed rate increases to be smaller than analysts expected. Medicare Advantage allows […]
Doug Stratton, executive director of the Indiana Comprehensive Health Insurance Association, slashes costs, pushes disease
control to keep prices as low as possible.
The stimulus bill has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to
help them meet the challenge of making those records electronic in five years.
Grab a partner and dance. Fast. The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor. That has prompted Indiana businesses and not-for-profits that deal in medical records to look […]
Grab a partner and dance. Fast. The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor. That has prompted Indiana businesses and not-for-profits that deal in medical records to look […]
Prescription-drug imports to the United States would be allowed under a bill introduced by former presidential candidate John McCain and two other senators, Bloomberg News reported yesterday. The plan, sponsored by McCain (R-Ariz.), Olympia Snowe (R-Maine) and Byron Dorgan (D-N.D.), is supported by President Barack Obama’s budget, but is opposed by the nation’s pharmaceutical industry, […]
Democrats and Republicans in the Indiana General Assembly carved out some wide, partisan divides on several big issues during the first two months of the 2009 legislative session, setting the stage for a second-half rumble. Lawmakers reached the session midpoint – when bills passed by the House and Senate are taken up by the opposite […]
It was not World War II that moved America out of the Great Depression.
It’s time to set the record straight. It was not World War II that moved America out of the Great Depression. When we talk about the American economy, we discuss the actual or “real” goods and services produced in this country. To compare one year with another, we must remove price changes so we can […]
President Barack Obama’s health care plan would cost Indianapolis-based Eli Lilly and Co. “several hundred million” dollars in U.S. sales, a Lilly spokesman said today. If enacted, the plan would require drugmakers to give larger rebates to the federal Medicaid program, raising them to 21 percent from 15 percent off the list price. That proposal […]
Shoring up the state’s jobless-fund shortfall likely will cost employers and employees more.
First the good news about Indiana’s insolvent Unemployment Insurance Trust Fund: As part of its $787 billion stimulus, the federal government has just agreed to stop charging interest on its loans to pay benefits to the jobless. President Obama’s package allows Indiana to continue zero-percent borrowing for unemployment insurance through 2010, a provision that will […]
It can be tempting to trust in "experts," when it comes to loved ones’ health and nursing home care. But the consequences can be dire.
