The dispute between Indianapolis-based Elevance and provider groups centers on the federal No Surprises Act, enacted in 2022, which seeks to protect patients from unexpected, expensive out-of-network medical bills.
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A major Louisiana health insurer’s plan to reorganize and sell itself to Indianapolis-based insurance giant Elevance Health was shelved after critics of the sale voiced various concerns over the proposal.
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An arbitrator ordered the payments, and the hospitals say they can claim at least another $12 million from Anthem for tens of thousands of additional claims that it says the insurer has downgraded and not paid in full.
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Paying a half-billion-dollar settlement might seem painful, but health care observers say resulting changes to Blue Cross Blue Shield rules are so favorable to Anthem’s growth prospects that the deal is a huge win.
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Elevance Health is suing four former executives, claiming the group – who worked as senior leadership for the company in Puerto Rico – breached their contracts by leaving Elevance and immediately joining a competitor in similar roles.
In a call with shareholders Wednesday, Elevance CEO Gail Boudreaux said the Trump administration’s plan to limit federal payments to Medicare Advantage “doesn’t keep pace with the current medical cost and utilization trends.”
Elevance Health this month rolled out an updated version of its Virtual Assistant tool, which allows users to ask questions about their benefits and get near-instant results.
The company cited growth in its health benefits unit, which is includes individual and employer coverage, Medicare, Medicaid and federal employee program businesses.
At the 5,000-square-foot Roche Community Garden, Roche employees grow tomatoes, strawberries, watermelons and a variety of peppers to be provided to low-income patients.
As the Greenfield-based animal health company prepares to move into its new neighborhood, it’s working with community partners to help ensure some of its new neighbors have adequate food access.
The two organizations disagree on the source of the conflict, which is resulting in a new insurance provider covering those enrolled in the Chamber’s pooled coverage plan.
Elevance’s membership declined slightly from the first quarter, with drops in Medicaid and fewer people purchasing Affordable Care Act plans.
Diversity, equity and inclusion, or DEI, efforts have become a debated topic in the corporate world and beyond this year.
Weaker results posted this month by top rival UnitedHealth had raised concerns for others in the sector.
In its response to the proposal, Elevance touted that its “workforce embodies a multitude of dimensions.”
For Elevance Health and other big insurers, 2024 devolved into something of an annus horribilis over the year’s final weeks. And 2025 holds more challenges but also an opportunity for a rebound.
The company also reported higher medical expenses, mainly from its Medicaid business.
IU Health Plans operates employer plans and Medicare Advantage plans in 36 counties.
Cummins, Rolls-Royce, Eli Lilly and Co., AES and Elevance Health are among the city’s largest downtown employers and all say most of their workers have the option of working at home at least part of the time.
The two companies said the combination builds on a seven-year collaboration in Louisiana through joint ownership of Healthy Blue, which serves Medicaid and Medicare Dual Eligible members.
The Indianapolis-based health insurer said the name change will better reflect its mission of “elevating whole health and advancing health beyond healthcare.”
The Blue Cross-Blue Shield health insurer on Wednesday laid out earnings, revenue and enrollment projections for this year that all fell short of average analyst expectations.
Members of the Indiana Court of Appeals haven’t changed their minds in a case involving a fired Anthem executive’s failed appeal of a jury verdict for the insurance company,
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
