Insurers to Expand Indiana Obamacare Footprint

Posted: Updated:
INDIANAPOLIS -

Two health insurance providers are expanding their offerings in Indiana on the federal marketplace. Ohio-based CareSource and Managed Health Services in Indianapolis have notified state officials they plan to provide coverage in Decatur, Jackson, Grant and Wayne counties starting next year. Following the June announcements that Anthem Inc. (NYSE: ANTM) and MDwise Marketplace would drop out of the federal exchange in Indiana, the aforementioned counties were in jeopardy of not having options available on the Obamacare marketplace.

MHS says its Ambetter coverage will be available in 17 additional Indiana counties next year. Chief Executive Officer Kevin O'Toole says "we are committed to partnering with the State and policymakers to collaborate on actions that stabilize the market and offer affordable coverage options for Hoosiers." It has had a presence in Indiana since 1995 and serves 340,000 Medicaid and Health Insurance Marketplace members.

Governor Eric Holcomb issued a statement saying "I commend CareSource and MHS for stepping forward to ensure that these four counties will have options for Hoosiers seeking a health insurance provider on the federal marketplace. This is a prime example demonstrating the way states like Indiana are better positioned than the federal government to solve problems and meet citizens' health care needs."

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • Court Sides With Lilly on Alimta Case

      The latest in a string of patent infringement cases involving Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has ended positively for the pharmaceutical giant. The U.S. District Court for the Southern District of Indiana has ruled in favor of Lilly, preventing a competitor from launching an alternative form of its Alimta vitamin regimen. The court ruled that Lilly's patent for Alimta would be infringed upon if India-based Dr. Reddy's Laboratories had moved forward with...

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • Auburn City Hardware Store Sold

      A historic northeast Indiana retailer is under new ownership. The KPC News reports the Auburn City Hardware Store has been sold to VRJ Holdings, which is also based in DeKalb County.