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Claims-payment snafus caused by computer problems are causing fits for WellPoint Inc. – again. The federal Medicare program told WellPoint it can no longer sign up new customers for the Medicare plans it operates, the company confirmed late yesterday. That’s because its claims-payment problems caused some seniors to be denied payment for their medications, putting […]

Three Indiana manufacturers will close or scale back their operations, idling more than 150 workers in the process according to notices filed yesterday with the state Department of Workforce Development. New Jersey-based Sleep Innovations will close its mattress- and pillow-making operation in already hard-hit Elkhart, eliminating 104 jobs beginning April 27. Elkhart County has the […]

WellPoint Inc.’s chronic computer problems have caused the Indianapolis-based insurer to be banned from enrolling customers in Medicare drug plans, Bloomberg reported this afternoon. A spokesman for the government program told Bloomberg the computer glitches are putting patients at risk. The sanctions were disclosed to WellPoint today in a letter from the Centers for Medicare […]

Indianapolis Colts head coach Tony Dungy will retire, according to multiple media reports. The team has a 5 p.m. news conference scheduled. Dungy’s future has been the subject of much speculation since the team’s 2006 Super Bowl victory, and last year the Colts named associate head coach Jim Caldwell his eventual successor. What do you […]

Bankrupt manufactured-home builder Patriot Homes Inc. will close a Middlebury plant that employs 125 workers, according to a notice filed with the state. Elkhart-based Patriot filed for Chapter 11 bankruptcy protection in September, citing financial woes tied to the slumping housing market and tight credit. Before that filing, the company closed seven plants, including four […]

Color-Box Inc., a unit of the Georgia-Pacific paper company, will close its Indianapolis manufacturing facility in March, costing 74 workers their jobs. The company, which designs and makes corrugated boxes for a variety of clients, notified the state Department of Workforce Development of the March 10 closing late last week. Color-Box also employs more than […]

Indianapolis-based WellPoint Inc. lost an estimated $349 million on its investments during the last three months of 2008, the company said in a regulatory filing today. That comes on top of a loss of $562.6 million reported for the third quarter. More than half of that was attributed to investments in failed investment bank Lehman […]