Anthem sued over massive data breach by California consumer
Anthem Inc. faces what may be the first of many consumer lawsuits a day after disclosing that hackers obtained data on tens of millions of current and former customers and employees.
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Hackers see rewarding targets in health care companies
Experts say health care companies can provide many entry points into their systems for crooks to steal data. And once criminals get that information, they can pull off far more extensive and lucrative schemes.
Anthem to tell customers within 2 weeks if they were hacked
Anthem Inc., the second-biggest U.S. health insurer, said it’s going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people.
Anthem data breach already sparks class-action lawsuit
At least one Indianapolis law firm already is preparing a lawsuit against Anthem Inc., after hackers stole personal information on as many as 80 million customers. The breach is certain to spur much more litigation.
Anthem hacked in ‘sophisticated’ attack exposing customer data
Anthem Inc. said hackers obtained data on tens of millions of current and former customers and employees in a sophisticated attack that has led to a FBI probe.
Obamacare brings boost to WellPoint
WellPoint’s stock price rose 53 percent from Sept. 30, 2013—the day before the Obamacare insurance exchanges started up—until Dec. 19, 2014, when the price closed at $127.95.
WellPoint makes switch back to Anthem name
The nation's second-largest health insurance company has officially changed its corporate name from WellPoint Inc. to Anthem Inc. The Indianapolis-based insurer's stock starts trading Wednesday under the ticker symbol ANTM.
Anthem cited for misrepresenting doctor networks in California
In the case of Anthem, 12.5 percent of doctors were not at the address listed for them, while 12.8 percent were not willing to accept the health plans purchased on the exchange.
Anthem canceling 30,000 individual health policies for Hoosiers
The insurer will not let customers who renewed their pre-Obamacare plans late in 2013 do so again this year. But switching to Obamacare-compliant plans could cause some premiums to spike and provider choice to dwindle.
WellPoint unit, hospital group hit impasse on contract
Contract talks broke down Wednesday between Anthem Blue Cross and Blue Shield and a network of five hospitals and other facilities, leaving tens of thousands of patients facing higher health insurance costs.
Rebates shrink as Anthem gets better at pricing
Hoosiers are receiving $11.9 million in rebates this year from health insurers that used less than 80 percent of their 2013 premiums for medical bills last year. That’s down from $22.6 million handed out last year.
WellPoint to change corporate name back to Anthem
The name change will be completed by the end of the year, pending shareholder approval, the company said Tuesday.
WellPoint unit launching $80M information exchange
Two insurers announced Tuesday that they are partnering for an ambitious project to establish one of the nation's largest health-information exchanges, an effort they hope will reduce duplication and improve patient outcomes.
Connecticut nixes rate increase by WellPoint subsidiary
Anthem told regulators that the 12.5-percent rate increase was needed because of higher costs for medical services, pharmaceuticals and fees levied by the federal government as part of the Affordable Care Act.
Insurance changes put state’s autism industry on edge
Indiana’s autism therapists say their prospects are cloudy after the state’s largest health insurer, Anthem Blue Cross and Blue Shield, cut payments 40 percent and took a harder line on paying for therapy for school-age children.
Health insurers must make educated guesses on 2015 prices
The back-loaded enrollment process for the Obamacare exchanges gives insurers far, far less information about their new customers than usual.
WellPoint shares top $100 on bullish 5-year forecast
The health insurer predicted growth in government-funded health insurance programs would push revenue above $100 billion by 2018. That prompted investors to push WellPoint stock above $100 per share—an all-time high for the company.
Anthem, Franciscan sign accountable care contract
Anthem Blue Cross and Blue Shield has signed a new kind of contract with the Franciscan Alliance hospital system that allows Franciscan to make more money only if it saves money for Anthem.
Anthem, insurance trust create Obamacare alternative
Anthem Blue Cross and Blue Shield has teamed up with the Indiana Manufacturers Association to give small manufacturers an option to side-step one of Obamacare’s new community rating restrictions.
UnitedHealthcare pulls back from niche
Come January, UnitedHealthcare, the second-largest health insurer in Indiana, will have no major-medical policies to sell to individual Hoosier customers.