CNO Financial adds two vice presidents
The company hired Patti Kolodziejczyk as vice president of application delivery and promoted Doug Williams to vice president of finance and administration for the company’s Bankers Life brand.
Health Care & Insurance
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U.S. to set up plan allowing prescription meds from Canada
The Trump administration said Wednesday it will create a pathway allowing Americans to legally and safely import lower-cost prescription drugs from Canada for the first time, reversing years of opposition from federal health authorities.
Health chief says Trump working on prescription import plan
The Trump administration is working on a plan that would allow Americans to import lower-priced prescription drugs from Canada, Health and Human Services Secretary Alex Azar said Tuesday.
Eli Lilly tops quarterly expectations, raises forecast
A jump in sales from the diabetes treatment Trulicity helped push the Indianapolis-based drugmaker to a better-than-expected second quarter.
Doctors say insurers increasingly interfere with patient care
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.
California insurance exchange company chooses Indy for regional HQ, 500 jobs
The company, eHealth Inc., is led by Scott Flanders, an Indianapolis native and former CEO of Macmillan Publishing in Carmel and Playboy Enterprises in Chicago.
Pfizer’s blockbuster deal with Myland expected to reshape drug industry
The new publicly traded company will have sales of about $19 billion to $20 billion in 2020, the drugmakers said in a statement.
Addiction-treatment centers pop up all over
Many of the providers are not traditional health systems, but rather small, for-profit startups attracted by a soaring demand for recovery services.
Drug cost bill advances but GOP resistance could spell trouble
A prescription drug compromise that would lower costs for Medicare recipients and save billions for Medicare and Medicaid cleared a key hurdle in the Senate on Thursday.
U.S. Sen. Todd Young, others fight for progress on smoking
Young is out front nationally on a key anti-smoking platform: Raising the minimum age for buying tobacco to 21.
Anthem stock takes hit despite positive quarterly earnings report
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.
Senators unveil compromise to reduce drug costs for seniors
Iowa Republican Charles Grassley and Oregon Democrat Ron Wyden said the bill would for the first time limit drug copays for people with Medicare’s “Part D” prescription plan, by capping patients’ out-of-pocket costs.
Number of U.S. overdose deaths appears to be falling
U.S. overdose deaths last year likely fell for the first time in nearly three decades, preliminary statistics suggest.
Anthem’s fight with doctors shows risks for surprise-billing fix
Doctors fighting a reimbursement battle with one of the biggest U.S. health insurers want to make sure that ending surprise medical bills doesn’t come at the expense of their pay.
Carmel adds vaping to public smoking ban
Violators could be charged up to $50 for their first violation and up to $500 for more violations in the same year.
Trump kills key drug price proposal he once embraced
The drug rebate rule would have ended a widespread practice in which drugmakers give rebates to insurance middlemen in government programs such as Medicare. The idea was to channel that money to consumers instead.
White House yanks drug ‘rebate’ plan after poor review from CBO
The nonpartisan Congressional Budget Office estimated the plan would have little impact on manufacturer prices and cost Medicare $177 billion over 10 years by leading to higher premiums subsidized by taxpayers.
Lilly losing two senior executives, including Bio-Medicines chief
Lilly shares dropped 4.6 percent in early trading after the company said Christi Shaw was leaving and Mike Harrington planned to retire.
Startup claims breakthrough in gauging pain
MindX founders think they’ve found a scientific way to measure pain and other hard-to-quantify mental health conditions, such as suicide risk, depression and post-traumatic stress disorder.
Validity of Obama health care law at issue in appeal hearing
A federal appeals court seemed inclined Tuesday to rule that the core provision of President Barack Obama’s signature health care law is unconstitutional.