Obamacare has many health care insurers worried
The messy rollout of the insurance exchanges has made it hard for carriers to figure out what business will be like in 2014.
Health Care
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Obama allows customers to keep canceled policies
Bowing to pressure, President Barack Obama on Thursday announced changes to his health care law to give insurance companies the option to keep offering consumers plans that would otherwise be canceled.
Lilly to spend another $700M in growing market for diabetes products
The move includes a $45 million investment for Lilly's operations in Indianapolis, on top of $400 million in investments the company announced over the past two years.
701 Hoosiers choose Obamacare plans at rollout
The administration says fewer than 27,000 people managed to enroll for health insurance last month in the 36 states relying on the problem-filled federal website for President Barack Obama’s overhaul.
Pence’s Obamacare angst may cost state
Even though Obamacare will raise various taxes to subsidize the cost of expanding health insurance coverage, Indiana might say no to all its new funding, to the tune of $1.2 billion per year. That also means the state would say no to a reduction by more than half of the 810,000 Hoosiers that go without health insurance for a time each year.
Testosterone drugs raise heart risk, study finds
Testosterone replacement drugs, a $1.6 billion market for Eli Lilly and Co. and others, boosted the odds of having a heart attack, stroke or dying by 29 percent in one of the first studies weighing the therapy's cardiovascular risks.
Lilly a possible suitor for Novartis AG’s animal-health unit
Indianapolis-based Eli Lilly and Co., Bayer AG and Boehringer Ingelheim GmbH are among companies that may consider an offer if the Swiss drugmaker proceeds with the animal-health sale.
Lawmakers considering more changes to patent laws
U.S. lawmakers, influenced by companies including Indianapolis-based Eli Lilly and Co., Cisco Systems Inc. and Qualcomm Inc., are considering the second set of patent-law changes in three years as the courts try to race ahead of Congress.
State extends high-risk pool because of Obamacare woes
State officials announced Thursday that they will extend Indiana’s high-risk insurance pool through the end of January to accommodate Hoosiers who have been unable to enroll in coverage through the federal marketplace.
How Obamacare is affecting employers
Indiana companies are planning different methods to adapt to the health care landscape next year.
Insurers brainstorm with Obama staff on health exchange fix
The heads of WellPoint Inc., Aetna Inc. and at least 10 other insurers met with the Obama administration Wednesday to discuss correcting flaws in how data from the U.S. health-care marketplaces is transferred to the companies.
Franciscan hospitals to eliminate 925 full-time positions
The Indiana-based system that operates three hospitals in the Indianapolis area said it is trying to cut its expenses by as much as $500 million, or 20 percent.
Evansville suburb making pitch for IU medical center
A proposal calls for a medical education center that’s being developed by IU, the University of Evansville, the University of Southern Indiana and Ivy Tech Community College.
State medical institute snares $30M grant from feds
A consortium of Indiana University, Purdue University and University of Notre Dame can operate for another five years with the grant funds.
Insurer CEOs head to White House to talk Obamacare troubles
Health insurance execs, including WellPoint Inc. CEO Joseph Swedish, will meet with top White House officials Wednesday as the president seeks to contain political damage from the disastrous rollout of Obamacare.
Builders of Obama’s health website saw red flags
The government spent at least $394 million in contracts to build the federal health care exchange and data hub. The painfully slow and often unresponsive website has frustrated Americans trying to enroll for insurance plans.
VC headwinds continue for life sciences firms
Indiana life sciences companies trying to raise venture capital continue to do so with a national wind in their faces, according to the third-quarter venture capital data.
Coverage gap in state may leave 182,000 uninsured
A new report that 182,000 low-income residents could go without health insurance is refocusing attention on whether Indiana will win an exception to expand Medicaid using the Healthy Indiana Plan.
Lilly stock shrugs off analyst downgrade
The drugmaker has become too reliant on its remaining pipeline of drugs under development for growth as it deals with patent expirations to big sellers and drug-development setbacks, a Jefferies analyst wrote.
City officials aim to build on momentum for cycling
Indianapolis has become a more bike-friendly city, and city planners are looking to ensure the progress continues. The Metropolitan Development Commission will vote Oct. 16 on a bicycle master plan that lays out a host of educational and policy initiatives to encourage two-wheeled transportation.