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.
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Investors say they are owed money from life settlements
The Indiana Secretary of State is investigating multiple complaints it has received against Roger Dobrovodsky and/or his business entities, which include EDU Financial Strategies, EDU Holding Trust, EDU Trust Services LLC and EDU Wealth Advisors LLC.
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Workers feel sting from shift to high-deductible health coverage
Nearly half of Americans with private insurance—47%—are covered by high-deductible plans, up from 25% in 2010. That’s driven up out-of-pocket health spending among people with employer coverage—from $493 in 2007 to $792 in 2017.
Trump’s cheaper short-term health plans include coverage gaps
The Trump administration on Wednesday cleared the way for insurers to sell short-term health plans as a bargain alternative to pricey Obamacare policies for people struggling with high premiums.
How sky-high deductibles have hurt consumers and America’s health insurance system
Many families are hard-pressed to meet soaring deductibles and have put off routine care or skipped medication to save money. The resulting health problems can be enormously costly for the medical system.
Premiums could edge up an average of 5 percent for Indiana’s Obamacare plans
The Indiana Department of Insurance said it expects all 92 counties to be covered by the plans next year. The state has until Sept. 25 to approve them.
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.
Obamacare-shy insurers see profit, growth in senior care
Searching for stability, big insurers such as Indianapolis-based Anthem Inc. are focusing on Medicare Advantage, a politically popular program embraced by a growing population of older Americans.
UPDATE: Anthem, MDwise pulling out of Indiana health insurance exchanges
Two Indianapolis-based health insurers are pulling out of Indiana’s insurance exchanges next year, citing growing uncertainty over the future of the Affordable Care Act. Together, they represent about 77,000 members who now must find other plans.
MJ Insurance moving headquarters to Carmel next year
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.
Analysts: Anthem likely to pull back from Obamacare in 2018
An exit by Indianapolis-based Anthem Inc. could be devastating to the health care law, limiting coverage options for consumers.
OneAmerica bets big on long-term-care market
Fast-growing business lines are hard to come by in the insurance industry. Locally based OneAmerica Financial Partners Inc. has one on its hands, and it’s beefing up efforts to capitalize.
Patients rush to surgery before insurance deductibles reset
For patients, the difference between getting an operation now or in January could amount to thousands of dollars out of pocket.
Hoosiers could pay more for Obamacare policies next year
Seven insurers have filed requests to set new premiums for 2017, ranging from an average increase of 29 percent by Indianapolis-based Anthem Inc. to a decrease of 5.3 percent by Chicago-based Celtic Insurance Co.
Volatile malpractice fees frustrate doctors, hospitals
It’s been a roller-coaster ride for Indiana physicians and hospitals, with fees swinging wildly up and down in recent years to fund a state insurance program that helps pay malpractice awards.
In-car data poised to rewrite rules of auto insurance
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
Indianapolis dog vies for national pet insurance award
Jackie, a terrier mix from Indianapolis who ingested the contents of a junk drawer, is vying with a tape-eating cat and other reckless animals for the most unusual pet insurance claim of the year.
WellPoint profit dips, but rising membership boosts outlook
Enrollment in WellPoint’s health plans increased by 259,000 members in the third quarter. Growth came in WellPoint’s employer and Medicaid plans, while its individual health plans declined by 108,000.
More Indiana options coming on insurance exchange
Officials say Indiana residents will have more than triple the number of health insurance plans to choose from when the federal insurance exchange enrollment period starts in November. A a 5-percent average increase in exchange premiums is expected.
Insurance agencies Shepherd, Consolidated merge
Two local insurance agencies with long histories and well-known leaders have merged, creating a firm with eight Indiana offices, 145 agents and more than 160 employees.
Baldwin & Lyons’ profit surges on big investment gains
Of the insurer’s $9.3 million in profit in the second quarter, only $4.1 million was attributed to its core operations.