Study says political uncertainty triggering big health premium jumps
Actions by the Trump administration are triggering double-digit premium increases on Obamacare health insurance policies purchased by many people, according to a study.
Health Care & Insurance
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Baldwin & Lyons posts first quarterly loss since 2011
The Carmel-based insurer said it experienced some “infrequent, but severe” loss events during the quarter.
Anthem leaving Nevada health exchange in ‘significant blow’
Nevada officials on Monday decried the Indianapolis-based insurer’s decision to pull its plans from three of the state’s more populous counties only weeks after it said it would not offer plans in the state’s other 14 counties.
Medicare penalizing 62 Indiana hospitals for high readmission rates
The federal government says readmissions are often unnecessary and cost taxpayers tens of millions of dollars a year.
Obamacare-shy insurers see profit, growth in senior care
Searching for stability, big insurers such as Indianapolis-based Anthem Inc. are focusing on Medicare Advantage, a politically popular program embraced by a growing population of older Americans.
Purdue planning $35 million hospital for treating horses
Purdue’s Board of Trustees approved $30 million toward the project and the College of Veterinary Medicine is expected to seek $5 million in private donations.
Indy company projects revenue surge fueled by Google Glass
A local company that leases Google Glass devices and sells software on top of it expects revenue to jump from an estimated $1.4 million this year to about $11 million next year.
Anthem takes harder line on ER visits
Starting Oct. 1, Anthem said, it could deny claims for hundreds of non-emergency diagnosis codes, such as bruises, rashes, minor burns, swimmer’s ear and athlete’s foot.
Congress passes bill to fund FDA drug, medical device reviews
Drug and medical device makers would pay higher user fees under legislation the U.S. Senate approved and sent to the president on Thursday.
Lilly, other drug giants hunt for patients in India’s remote corners
Global pharmaceutical companies including Indianapolis-based Eli Lilly and Co. are heading into smaller cities and rural areas to learn about the health care needs of about 70 percent of India’s population.
Five Seasons sports club in Carmel to close in September
Company officials say the closure will be permanent and cost 84 employees their jobs. The decision comes a year after the owner of the club filed a request to rezone the property to allow for possible redevelopment.
Kindred hospital to get new name under venture with Community
The transitional care hospital, which has lost money in two of the past three years, will reopen next year as Community Rehabilitation Hospital South.
Trump drug commission calls for emergency declaration
President Donald Trump's drug commission has called on him to declare a national emergency to deal with the country's opioid drug epidemic.
White House: Trump to decide soon on ending health payments
The White House is insisting that the Senate resume efforts to repeal and replace the nation’s health care law, signaling that President Donald Trump stands ready to end required payments to insurers this week to let “Obamacare implode” and force congressional action.
FDA looks to cut cigarette nicotine in blow to tobacco industry
The surprise move sent shares of cigarette stocks plummeting Friday morning.
Flat-fee payment model bypasses traditional health insurance
Without dozens of insurance claims to file and follow up, physicians cut administrative overhead, reduce costs and keep their practices limited to a few hundred patients, rather than a few thousand.
Senate blocks GOP health bill, scuttling latest bid to repeal Obamacare
Republican Senator John McCain joined with two of his GOP colleagues to block a stripped-down Obamacare repeal bill early Friday, thwarting the party’s months-long effort to pass health legislation.
Holcomb not ruling out tax increase if GOP cuts Medicaid
Indiana Gov. Eric Holcomb is not ruling out a tax increase should congressional Republican efforts to repeal President Barack Obama's health care law result in cuts to Medicaid, which funds the state's HIP 2.0 program.
Insurance agencies agree to merger
The two firms that are merging, Brownsburg-based Hometown Insurance and Zionsville-based Ward Insurance Services, have a combined 16 employees.
CNO Financial reports improved quarterly earnings, revenue
The Carmel-based insurance holding company said total collected premiums were $925 million in the latest quarter, up 7 percent from last year’s second period.