Elevance shares rise after third-quarter revenue jumps 12% year-over-year
The company cited growth in its health benefits unit, which is includes individual and employer coverage, Medicare, Medicaid and federal employee program businesses.
Insurance Benefits
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Pet perks: More employers offering pet insurance, letting pups come to the office
The rise of pet insurance and pet-friendly workplaces comes amid wider societal changes with health benefits experts citing people waiting longer to have children and increasingly treating pets as part of the family.
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Carmel-based CNO acquires employee benefits administrator for $50M
The benefits administrator, DirectPath LLC, offers a variety of technology-driven services for employees and employers.
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Frustrated health consumers turn to apps, websites to find lowest drug prices
In recent years, a host of online websites and smartphone apps—such as GoodRx, Blink Health and Script Saver—have popped up to help people find the lowest price for prescription medicines. By using them, consumers can save thousands of dollars a year on their prescriptions if they don’t mind shopping around and buying some of their drugs outside their insurance plans.
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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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Articles
Health insurance premiums poised to spike over drug costs, tariff threats
In explaining the rising prices, insurers and employers point to two recent factors: the tariffs on pharmaceutical imports and the high cost of new obesity treatments.
Former travel insurance employee gets 47-month federal sentence for fraud
A McCordsville man has been sentenced to nearly four years in federal prison after using multiple—and often elaborate—fraud schemes to steal more than $750,000 from his Carmel-based employer.
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.
Purdue trims working spouses from health care plan
Purdue University is joining a trend among large employers by limiting health care coverage for working spouses of the school's faculty and staff.
Insurance companies approach Trump health plans cautiously
Insurance companies say it will take time to design new plans and get approval from state regulators.
Trump administration rolls out new health insurance option
The Trump administration on Tuesday unveiled a health insurance option for small businesses and self-employed people that could lead to lower premiums but may a offer fewer benefits than current plans.
Is it an emergency? Anthem makes patients question ER visits
Anthem said it has seen a drop in unnecessary ER visits in Kentucky since it started its review there and has rejected only around 1 percent of all claims as avoidable. The policy will expand to Indiana next year.
Lawsuit targets Trump’s rollback of birth-control rule
Two national advocacy groups filed a federal lawsuit in Indiana on Tuesday challenging a rule change by President Donald Trump's administration allowing more employers to opt out of no-cost birth control for workers.
Trump’s health subsidy shutdown could lead to free insurance
If President Donald Trump prevails in shutting down a major Obamacare health insurance subsidy, it could have the unintended consequence of making free basic coverage available to more people, and making upper-tier plans more affordable.
Anthem breaks with Express Scripts, to start own drug plan with CVS
Indianapolis-based insurer Anthem Inc. said it will set up its own pharmacy benefits management unit, signaling a final break with Express Scripts Holding Co. after the health insurer accused Express of overcharging it by billions of dollars.
Employers, workers brace for another round of health premium increases
The National Business Group on Health is projecting the total cost of providing medical and pharmacy benefits to increase 5 percent for the fifth consecutive year in 2018.
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 Democrats raise alarm bells on Medicaid cuts
Indiana officials are sounding alarm bells about a plan by Republicans in Congress to cut Medicaid spending.
IU Health Plans quits Obamacare exchange, citing ‘heightened financial uncertainty’
The move combined with other insurer defections will leave Hoosiers with just five Obamacare marketplace options.
Aetna to quit most Obamacare markets, joining major rivals
The decision by Aetna is the latest blow to President Obama’s signature domestic policy law. While it has brought coverage to millions, the new markets have proven volatile for some of the largest for-profit insurers.
Anthem, Express Scripts dispute comes down to pricing
The agreement by Indianapolis-based Anthem Inc. to sell its pharmacy-benefits arm to St. Louis-based Express Scripts for $4.7 billion has turned the companies at each other’s throats, culminating in a multibillion-dollar legal battle that began early this year.
Study predicts rising Obamacare premiums in 2017
Premiums for popular low-cost medical plans under the federal health care law are expected to go up an average of 11 percent next year, says a new study. But not in Indianapolis.
New federal rules limit value of workplace wellness programs
The EEOC has decided that wellness programs must be voluntary and the associated incentives or discounts can’t exceed more than 30 percent of the cost of the employees’ health coverage.
Indiana health insurance costs expected to climb in 2017
Anthem, one of Indiana’s largest insurers, is seeking premium hikes ranging from nearly 20 percent to 41 percent for coverage it sells on and off the Affordable Care Act’s public insurance exchanges.