Anthem Inc. and Humana Inc. became on Wednesday the latest health insurers to stick with their 2020 earnings forecasts, even as the COVID-19 pandemic forces companies in many other sectors to abandon outlooks.
Anthem waiving out-of-pocket costs for COVID-19 treatments
Other big insurers, including Cigna, Humana and UnitedHealth Group, have already rolled out similar moves.Read More
Anthem shares surge as stock market tries to claw back from recent losses
Health care stocks led the market’s spurt Wednesday after a strong performance by Joe Biden on Super Tuesday. Among the biggest gainers was Indianapolis-based health insurer Anthem Inc., with a stock surge of 13.4%.Read More
Anthem sues senior executive who took job with competitor, demands return of $4M
The Indianapolis-based insurer said the former senior vice president and general manager of its Commercial Business division violated terms of his executive agreement by taking a position as president and CEO of Health Net LLC of California.Read More
Anthem sees big jump in quarterly profit, but misses analyst expectations
The Indianapolis-based health care insurer’s earnings more than doubled, to $934 million, in the fourth quarter, compared with $424 million in the same quarter of 2018.Read More
Increasingly, as the planet warms, pressure is building from environmentalists, investors, consumers and the general public for corporate America to do something about it.
The Indianapolis-based insurer raised its 2019 forecast after attracting more customers covered by Medicare Advantage and Medicaid.
Insurers say advances in medical care are prompting them to review more cases before deciding on coverage. They say the checks are not meant to delay or stifle care, but doctors say they worry about the growing influence insurers have over patient treatment.
Indianapolis-based Anthem Inc. topped second quarter expectations and raised its 2019 forecast again. The health insurer also said Wednesday that the start of its new pharmacy benefit manager is going better than expected.
The Indianapolis-based insurer is telling members that those small, freestanding hospitals are out of its network and could be much costlier to use.
Even excluding the 78.8 million records stolen from health insurer Anthem, the number of patient records stolen from Indiana health care organizations spiraled to 4.3 million from about 69,000 in 2014.
Despite its low cost of living, Indianapolis is among the highest-priced areas for hospital services for patients with private health insurance—and is far more costly than Boston, Chicago, Manhattan and Los Angeles, according to a new study.
Anthem touts program saving $9.51 per patient per month—but passes on less than half the savings to hospitals and doctors.
UnitedHealthcare, MDwise, IU Health Plans and Assurant all disclosed losses during the first nine months of this year on the policies they are selling on the federal marketplace created by the Affordable Care Act.
Profits and patient visits remain strong at Community Health Network and Indiana University Health, but their Obamacare-fueled growth is decelerating.
The Indianapolis-based hospital system said its efforts to reduce patients’ need for expensive health care services, known as population health, slashed the use of hospitals, nursing homes and expensive imaging scans among the 140,000 Hoosiers IU Health now serves.
The Indianapolis-based law firm opened two new offices this fall—in Dallas and Seattle—and has now added five new offices in the past 24 months, as it tries to keep up with consolidation among hospitals and doctors.
Spending on prescription drugs has soared 451 percent this year at Indianapolis-based MDwise as new drugs for hepatitis C and cancer soar above $100,000 per patient.
Bryan Mills, CEO of the Community Health Network hospital system, said a recent pickup in health care construction could slow down if providers can successfully care for patients remotely via the Internet and phones.
A 22-page timeline of events leading up to the $54 billion merger agreement between Anthem and Cigna shows that company executives fell in love early, but the Anthem board made them break up and they chased other lovers. But in the end, they were each other’s only choice.
A flood of money from Obamacare—for the expanded Healthy Indiana Plan and for private health insurance purchased on the federal exchange—is boosting revenue and profit among Indiana health insurers.
CEO Bryan Mills has set a goal to make 75 percent of revenue—or $1.5 billion a year—be covered by value-based contracts—which means Community would be rewarded for keeping patients out of the hospital. A new venture is Mills’ strategy to get there.
A recent study found the number of health insurers offering broad provider networks on the Obamacare exchange was higher than in all but 10 other states and suggests that so long as Hoosiers keep singing “Don’t Fence Me In,” they could keep paying more for health insurance.