Obamacare offers Hoosiers fewer choices, higher prices
From a look at the numbers, Indiana is not a great place to buy health coverage through the Affordable Care Act marketplace.
Insurance
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Butler University sees success with student-run insurance company
The company the school launched in 2017 insures a range of campus activities and assets, from its fine art collection and pianos to its living bulldog mascot.
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Surprise! Your anesthesiologist was out of network. Now you owe big.
Every day, thousands of Americans get a surprise bill in the mail from a health provider, asking for thousands of dollars for medical services that weren’t covered by the patient’s insurance.
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Experts say CIB is thin on liability coverage for event venues
The board carries $56 million in liability insurance for its facilities, including a $1 million general liability policy and a $55 million umbrella policy.
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Articles
New study: Opioid crisis cost U.S. economy $631B over 4 years
The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died from the drugs, followed by health care costs.
South-side revival: Inside the restoration of the 119-year-old Turnverein
Turning a former German social club and gym into the offices of a medical claims management organization and international travel insurance company was no small order—especially because the building had to remain more-or-less true to its original form to qualify for the federal Historic Tax Credit program.
Payouts from insurance policies may fuel ransomware attacks
Some cybersecurity professionals are concerned that insurance policies designed to limit the damage of ransomware attacks might be encouraging hackers.
Protective Insurance hires two senior executives
Carmel-based Protective Insurance Corp. has hired two company outsiders to fill its chief financial officer and chief information officer roles, the company announced Monday.
Community Health sues insurer for refusing to cover $6M in damage at east-side hospital
The dispute centers on extensive cracking in the foundation at Community Hospital East, which just underwent a massive, $175 million upgrade with a new patient tower.
CNO Financial adds two vice presidents
The company hired Patti Kolodziejczyk as vice president of application delivery and promoted Doug Williams to vice president of finance and administration for the company’s Bankers Life brand.
Latest Obamacare legal battle plays out in federal appeals court
The fate of former President Barack Obama's signature health care law, and its coverage and insurance protections for millions of Americans, is again being argued in a case that appears destined for the Supreme Court.
Protective Insurance seeks to regain footing in tough environment
Industry-wide challenges led Carmel-based Protective Insurance Corp. to a $34.1 million annual loss last year, its biggest in decades.
Local investment adviser loses state insurance license
The owner of Pendleton-based Steele Financial Inc., who is already in hot water with the Financial Industry Regulatory Authority and the SEC, has been stripped of her license by the Indiana Department of Insurance.
Democrats tangle on private health insurance in first debate
Health care sparked some of the most intense exchanges in the first debate among Democratic presidential candidates, who agreed that Americans must have universal insurance coverage but differed about whether that means the demise of private plans.
Anthem buying behavioral health firm that provides services to 36 million people
Indianapolis-based Anthem said its purchase of Beacon Health Options fits with its strategy of diversifying into providing health care services, including for patients with complex and chronic conditions.
Carmel-based Protective Insurance names new CEO
Former American International Group Inc. insurance executive Jeremy Johnson immediately replaces interim CEO Jay Nichols, who had been serving in that role since previous CEO Randall Birchfield resigned abruptly in October.
State wants to offer $1,000 ‘bridge’ for low-income Hoosiers leaving Medicaid
The Indiana Family & Social Services Administration says the plan is designed to help bridge the transition from the Healthy Indiana Plan to private health insurance, and help pay for premiums, deductibles, co-pays and other costs.
Trump administration taking aim at ‘surprise’ medical bills
President Donald Trump will begin a push Thursday to fight health care sticker shock by limiting the unexpected charges faced by insured patients when a member of a health care team that treated them is not in their insurer’s network.
CNO Financial acquires Florida benefits company for $66 million
The Orlando-based benefits provider, Web Benefits Design, will continue to operate under its existing name.
Anthem tops quarterly expectations, raises 2019 forecast
The nation's second largest insurer said Wednesday that enrollment in its fully-insured coverage jumped more than 6%, to 15.3 million.
Watchdog to examine Medicare chief Seema Verma’s publicity spending
Verma, a protege of Vice President Mike Pence and the architect of Indiana’s Medicaid expansion, appears to have steered agency money to political allies in an effort to boost her reputation, prominent Democrats say.
Battered insurer MDwise readies for turnaround
The CEO who took charge last summer of the Indianapolis company that provides health insurance, food, career help and other services to low-income people acknowledges he has a big job ahead.
Judge blocks Trump’s small-business health insurance plan
The plans at issue in Bates’ ruling Thursday allow groups of small businesses and sole proprietors to band together to offer lower-cost coverage that doesn’t have to include all the benefits required by Obamacare. They also can be offered across state lines.