Insurance giant GEICO adding 1,400 jobs at Carmel offices
The Chevy Chase, Maryland-based insurer said it will nearly double the size of its offices at 101 W. 103rd St. with the addition of 104,000 square feet.
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Baldwin & Lyons sees quarterly growth in premiums, profit
The Carmel-based company, which specializes in insurance for the transportation industry, reported an estimated tax benefit of $9.6 million in the fourth quarter due to the effects of federal tax reform.
Secret discounts keep drug bills from soaring, middlemen say
Express Scripts Holding Co., one of the biggest pharmacy-benefits managers, says the drug-price deals it cuts behind closed doors are saving consumers a lot of money.
Flush with cash, Anthem to dole out $1,000 contributions to 58,000 employees, retirees
The Indianapolis-based insurer, which already has reaped more than $1 billion from recent tax reform measures, plans to help employees sock it away.
Feds approve work rules for HIP 2.0, more addiction funding
As many as 130,000 of the 400,000 people now covered by the Healthy Indiana Plan 2.0 will be required to work, take part in school or training, or do community service to continue receiving insurance benefits in 2019.
Anthem expects profit boost from tax cuts as health-industry shifts loom
Anthem Inc. reported a fourth quarter decline in operating profit Wednesday morning, but the Indianapolis-based company said it expects President Donald Trump’s corporate tax cuts to increase its 2018 earnings.
Amazon, Buffett, Chase team up to cut health care costs for workers
News on Tuesday that Amazon was forming a new company with JPMorgan Chase and Warren Buffett’s big-pocketed Berkshire Hathaway sent shock waves through the health care industry.
Anthem to leave Monument Circle HQ, move top execs to Virginia Avenue
Anthem decided not to renew its lease on the former J.C. Penney department store, which was refurbished for the insurance giant in the 1990s.
Power Five conferences approve medical benefits extension
The five largest conferences in NCAA Division I have approved a measure requiring their schools to extend medical coverage for two years after athletes leave campus.
Trump work requirement rewrites health care rules for poor
The Trump administration said Thursday it will allow states to require "able-bodied" Medicaid recipients to work, a hotly debated first in the enormous program's half-century history.
Carmel health exec sues insurer, claiming it should have defended him in sexual assault case
An employee of Nightingale Home Health Care claimed in a lawsuit that company president Dev Brar made unwanted sexual advances. The suit was dismissed, but Brar said his insurer should have paid for his defense.
Health, business coalition seeks to repeal ‘smoker’s bill of rights’
An alliance of doctors, hospitals, insurers and employers wants to roll back a 27-year-old Indiana law that prohibits employers from screening job candidates for tobacco use.
Senator presses Anthem on decision to clamp down on ER reimbursements
U.S. Sen. Claire McCaskill is asking the Indianapolis-based insurer to turn over a huge array of internal documents, explaining how it reached its decision to deny certain emergency room claims.
CVS-Aetna deal could hinge on antitrust approach under Trump
CVS Health Corp.’s $67.5 billion takeover of Aetna Inc. will test the administration’s approach to far-reaching corporate takeovers, just weeks after the U.S. government sued to block a major telecommunications merger.
UPDATE: CVS buying Aetna for $67B, shaking up health care industry
The deal comes as the health sector is looking over the horizon at Amazon.com Inc., and how the company could transform the business of buying, distributing and selling drugs and medical products if it gets into health care.
CVS nearing $65 billion-plus deal for insurer Aetna, source says
A deal between Hartford, Connecticut-based Aetna and Woonsocket, Rhode Island-based CVS could upend the health insurance, pharmacy and drug benefit sectors.
Express Scripts CEO open to insurer deal, ties with Amazon
Express Scripts Holding’s stock has been in decline since its biggest client, Indianapolis-based insurer Anthem Inc., said it would end its relationship with the pharmacy benefit manager.
Insurance giant adding 400 jobs in $14M expansion in Carmel
The Boston-based insurer said it will lease 56,000 square feet in the Parkwood Crossing office complex to accommodate the expansion.
Historic fieldhouse hit by storm insured for nearly $10 million
The historic Muncie Fieldhouse was valued at nearly $9.9 million on Feb. 15, when Muncie Community Schools filed a statement of values that underwriters used to calculate the policy premium.
Baldwin & Lyons sees quarterly increase in premiums, profit
Carmel-based insurer Baldwin & Lyons Inc. bounced back from its first money-losing quarter in almost six years by recording growth in both profit and premiums during the third quarter.