Articles

WellPoint cap program saves Calpers big money

The nation’s largest pension fund worked with the Indianapolis-based health insurer to cut medical costs 19 percent by capping the price of some surgeries, in the latest sign payers are taking a tougher line against rising hospital claims.

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Anthem tries new ‘narrow network’ strategy

Anthem Blue Cross and Blue Shield has selected Community Health Network to be the “exclusive provider” for a new kind of health insurance plan—a sharp departure from Anthem’s typical strategy of offering the broadest network of hospitals and doctors.

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Amerigroup chief emerges as a frontrunner for WellPoint job

WellPoint Inc. is still considering former Amerigroup Corp. CEO James Carlson among several finalists to become CEO. Statements and filings this month have fueled speculation among analysts and shareholders that Carlson has vaulted ahead of other prospects.

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Anthem rolling out 401(k)-style medical benefits

Anthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.

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Analyst: WellPoint CEO search down to two

According to one Wall Street analyst, the search for a new CEO for Indianapolis-based health insurer WellPoint Inc. is down to two candidates: former Aetna Inc. CEO Ron Williams and Amerigroup Corp. CEO Jim Carlson.

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Judge approves $90 million for Anthem plaintiffs

The settlement will go to 700,000 claimants in Indiana, Ohio, Kentucky and Connecticut, who said Anthem underpaid them when it converted in 2001 from policyholder ownership into publicly traded company WellPoint Inc.

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WellPoint spends $50M to burnish brand

The Indianapolis-based health insurer expects the purchase of health insurance to look and feel much more like online retailing than ever before, where brand name, along with price and convenience, win the day.

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