Analysts see Trump threats to insurers boosting premiums
Average premiums for individually purchased health insurance will grow around 15 percent next year, the Congressional Budget Office projected.
Health Care & Insurance
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Animal-health biz Elanco under the weather; Lilly won’t rule out spinoff
The Greenfield-based unit, which makes a vast array of vaccines, antibiotics, feed additives and other health products for livestock and pets, is in a slump, after more than a decade of growth.
Anthem weighs retreating from even more Obamacare markets
The Indianapolis-based health insurer is in talks with officials in some states ahead of deadlines later this month to decide whether to sell coverage in 2018, CEO Joseph Swedish said Tuesday.
Insurance stocks jump as Irma avoids worst-case scenario
Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm.
Lilly breast cancer drug results could challenge Pfizer pill
li Lilly and Co.’s experimental breast cancer drug abemaciclib, when combined with standard therapy, slowed the progression of tumors in patients with an advanced form of the disease.
Greenwood hospital closure to eliminate 86 jobs
The upcoming closure of Kindred Hospital Indianapolis South in Greenwood will take place in November, the hospital’s owner said Friday in a notice to the Indiana Department of Workforce Development.
Deadly Irma nears Florida as insurers face nightmare scenario
Damages could easily top $135 billion in Florida, with other economic losses pushing the price tag as high as $200 billion. Every county in the state could experience damaged roofs and power outages.
Indiana gets record $26 million to expand HIV treatment
The money will be used to increase treatment capacity for patients by funding psychiatric nurse practitioners and mental health and addiction counselors.
First Internet Bank investing in California health care lender
The Fishers-based online bank says it will expand its presence in health care lending by agreeing to fund millions of dollars in loans for clients of the San Francisco-based startup. It also is taking a stake in the firm.
Lilly eliminating 3,500 jobs as part of cost-cutting plan
Indianapolis-based pharmaceutical giant Eli Lilly and Co. said the 3,500 jobs represent 8.3 percent of its global workforce. Lilly hopes the cuts will save it $500 million a year.
Anthem to sell insurance in fewer Kentucky counties
Indianapolis-based Anthem had been the only insurance carrier to sell plans in all 120 counties on Kentucky's health exchange.
Lilly competitor reaches $46.5M settlement with U.S. over safety info
Danish drugmaker Novo Nordisk says it has reached a settlement over allegations that it hadn’t properly communicated safety information when marketing a medicine to treat type 2 diabetes.
Indiana proposes work mandate for state health coverage
State documents show that fewer than 30 percent of those enrolled in the Healthy Indiana Plan would be required to comply with Gov. Eric Holcomb's proposed work mandate.
Rising health care costs fuel Springbuk’s growth
The health-analytics-software firm sells an HR tool for employers to track health care spending and outcomes.
Biosciences institute CEO steps down; chief scientist promoted to top spot
David Broecker was founding CEO of the four-year-old Indiana Biosciences Research Institute, which aims to bridge the gap between research universities and industry in life sciences.
Lilly shares rise on surprising news from FDA on arthritis drug
The Indianapolis drugmaker said it will not be required to conduct another expensive, time-consuming clinical trial for the potential blockbuster.
Most Harvey victims uninsured, face big bills alone
Many families with flooded basements, soaked furniture and water-damaged walls will have to dig deep into their pockets or take on more debt to fix up their homes. Some may be forced to sell.
Indiana expands program to crack down on ‘doctor shopping’
The program is hailed by health providers for allowing doctors, hospitals and pharmacies to check patients’ electronic health records for substance abuse.
Lilly insulin prices come under microscope
Over the past 20 years, while the price of a gallon of milk climbed 23 percent and the sticker on a Dodge Caravan minivan rose 21 percent, the list price of the insulin Humalog shot up 1,157 percent.
Pacers lift curtain on $50M downtown training complex
The St. Vincent Center combines team training facilities—including regulation-sized courts, cushy recovery amenites and an underwater treadmill—with health care services for the public.