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.
Health Care & Insurance
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Jury rules against ex-WellPoint exec in lawsuit over firing
A Marion County jury deliberated less than an hour before issuing verdicts in a long-running lawsuit by Dr. Randall C. Axelrod, who was removed as vice president of health care management for WellPoint’s Virginia-based east region in July 2006.
Anthem may hasten Obamacare retreat without funding assurances
Concerned by the uncertain future of U.S. health care policy, Anthem Inc. warned it may hasten its retreat from Obamacare’s insurance marketplaces.
Anthem tops forecasts with quarterly earnings, raises outlook
Indianapolis-based Anthem Inc. saw profit grow nearly 10 percent, helped by government business and coverage the health insurer sells to smaller employers.
Lilly reports 35 percent profit surge, but says key drug might require new clinical trial
The Indianapolis-based drugmaker warned that a much-anticipated new drug for rheumatoid arthritis might be delayed another 18 months.
Holcomb urges U.S. Senate to repeal, replace Obamacare
Indiana Gov. Eric Holcomb says the law is “crumbling under its own weight” and that people in as many as 60 Indiana counties will be left with just one choice for insurance coverage on the marketplace next year.
Lilly to pay up to $400M to buy rights for early-stage immune drug
The deal is Eli Lilly and Co.’s latest push into a growing disease area for such disorders as arthritis, lupus and multiple sclerosis.
Trump administration opts not to renew health law help in 18 cities
President Donald Trump’s administration has decided not to renew Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, including Indianapolis.
Holcomb asks feds to allow Medicaid work requirements
Gov. Eric Holcomb has submitted a finalized proposal allowing for changes to the state's Healthy Indiana Plan 2.0 serving low-income Hoosiers.
Hospital systems blitzing area with urgent care centers
Urgent care centers, which already seem to have blanketed nearly every retail strip and neighborhood in central Indiana, are continuing to spring up at a surprising rate.
After fessing up to failings, travel-insurance firm remakes itself
With the help of an outside consultant, Carmel-based Seven Corners Inc. has spent nearly three years on a corporate overhaul.
Not dead yet: Trump exhorts Senate to pass Obamacare repeal
Lecturing fellow Republicans, President Donald Trump summoned GOP senators to the White House on Wednesday and told them face-to-face they must not leave town for their August recess without sending him an Obamacare repeal bill to sign.
ONI Risk Partners acquiring Franklin insurance agency
Indianapolis-based insurance broker ONI Risk Partners Inc. announced Tuesday that it would acquire Green Owens Insurance Inc., a 38-year-old independent agency based in Franklin.
Two more GOP senators oppose health bill, stopping it for now
The latest GOP effort to repeal and replace "Obamacare" was fatally wounded in the Senate Monday night when two more Republican senators announced their opposition.
Dermatology practice planning $7.2M Castleton headquarters
Dawes Fretzin Dermatology Group LLC has received preliminary approval for tax breaks from the city of Indianapolis to help it pay for a 30,000-square-foot free-standing facility near the Lowe’s Home Improvement store in Castleton.
Indiana to appeal ruling blocking part of abortion law
Indiana Attorney General Curtis Hill called the June 28 ruling judicial overreach and said "it's easier for a 14-year-old to get an abortion than to get a tattoo."
New Senate GOP health care bill teeters on brink
Republican leaders unveiled a new health care bill Thursday, but they immediately lost two key votes, leaving none to spare as the party's own divisions put its top campaign pledge in serious jeopardy.
Indiana health care providers indicted as part of national crackdown on fraud
An Indianapolis-area chiropractor is among more than a dozen people in Indiana-based investigations and hundreds of people nationwide charged in health care fraud and opioid scams worth $1.3 billion.
Home Health Depot acquired by Florida-based Lincare
Home Health Depot became one of the country’s fastest-growing medical companies under the leadership of former equipment sales rep David Hartley and ex-Indiana Commerce Secretary Nate Feltman.
Lilly Endowment giving IU medical school $25M to fund life sciences initiatives
The grant from the Indianapolis-based philanthropic giant is aimed at bolstering Indiana’s stature as a life sciences research hub.