Lilly to let 115 workers go in new outsourcing deal
Deal with unit of Massachusetts-based Thermo Fisher Scientific would keep many of the employees working in same
location.
Health Care & Insurance
Articles
Doctor’s license revoked over prescriptions
The Indiana State Medical Licensing Board voted Thursday to revoke the license of Dr. Beverley Edwards, who practiced in Anderson
from the mid-1980s to the early 2000s.
Employers fret over health care overhaul
Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
CEO: Conseco’s name no longer says insurance
Conseco Inc. CEO Jim Prieur says it’s time to change the company’s 27-year-old name partly because it’s become better associated
with a sports facility than with the insurer’s products.
Health care bill burns local tanning industry
With one of the nation’s largest tanning-bed manufacturers and dozens of salons in central Indiana, a 10-percent tax on tanning
could cost the region jobs.
Lilly eyes more animal-health acquisitions
Eli Lilly is interested in assets that may be offered for sale as a result of Sanofi-Aventis SA and Merck & Co.’s plan to
combine their veterinary units.
Conseco seeking to change its name
Carmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group,
the company said Thursday morning.
Daniels warns of health bill’s ‘immorally huge’ taxes
Daniels told members of the Economic Club of Indianapolis that it’s ridiculous for anyone to suggest the nearly $1 trillion
health care overhaul signed into law Tuesday by President Barack Obama won’t add to the nation’s debt.
IU study: Money matters to docs
Think doctors and hospitals aren’t influenced by money? Think again. Patients seen at private facilities reimbursed
by Medicare were 5.5 times more likely to receive routine cataract surgery than patients at poorly funded Veterans Affairs
facilities.
Obama signs historic $938 billion health care overhaul
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is
unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
Indiana freezes some medical savings account rolls
The new federal health care bill will put 500,000 more Indiana residents on Medicaid and lead to higher state taxes, Gov.
Mitch Daniels said Monday, but a government insurance proponent said it will help families and businesses.
Ariad loses $65M patent appeal against Eli Lilly
Monday’s decision throws out a $65.2 million patent-infringement verdict won by Ariad for royalties on Lilly’s osteoporosis
drug Evista and sepsis medicine Xigris.
State attorney general looks to challenge health care bill
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court.
Bill kicks off years of change for local health care players
Sweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
Reform offers risk, opportunities for Lilly, WellPoint
Drugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.
Congress passes historic health care bill
To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
Simon Property Group adds Glasscock to board
Former WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
Deadline passes with no bids to buy Winona
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
Lilly sues to block generic of Adcirca lung treatment
Netherlands-based Synthon Pharmaceuticals is seeking U.S. Food and Drug Administration approval to sell a copy of the medicine.
IU incubator attracts East Coast biotech startup
Companion Diagnostics Inc. moves from Connecticut to the IU Emerging Technologies Center, hopes to create 30 high-paying jobs
by 2014.