The nation's third-largest health insurance company is the latest to leave the individual policy market in Indiana in another sign of diminishing competition to benefit consumers who purchase policies through a state insurance exchange under the federal health care overhaul.
UBS Financial Services agreed to pay Indiana regulators $677,000 on Thursday to settle a claim that it sold "unsuitable investments" to a now defunct teachers union health care trust.
A dispute between Indiana and federal Medicaid officials over Indiana's new abortion law cutting off some public funding for Planned Parenthood should be resolved by government administrators and not the courts, Indiana Solicitor General Thomas Fisher told a federal judge Monday.
The battle over Indiana's tough new abortion law cutting off much of the public funding for Planned Parenthood because it provides abortions moved back to the courts Monday where attorneys prepared to argue over the organization's request for a preliminary injunction blocking the statute.