Todd Park has co-founded a new Medicare Advantage company. Photo: J. Scott Applewhite / AP

Devoted Health, a new insurance company that will only sell Medicare Advantage plans, just raised $62 million, according to a financial filing. The startup, which raised another $7 million in a seed round, will start selling Medicare Advantage plans in 2019.

Big names are backing Devoted Health: former Health and Human Services Secretary Kathleen Sebelius and former Senate Majority Leader Bill Frist are on the board. Todd and Ed Park, brothers who both worked at electronic health record company Athenahealth, are the co-founders and recruited Venrock's Bob Kocher to be the company's chief medical officer.

Get smart: Medicare Advantage is where the big money is. The Affordable Care Act marketplaces grab a lot of headlines, but they are a blip on the radar when compared with the massive amount of dollars tied up in private Medicare plans.

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Two officers shot in Louisville amid Breonna Taylor protests

Police officers stand guard during a protest in Louisville, Kentucky. Photo: Ben Hendren/Anadolu Agency via Getty Images

Louisville Metro Police Department said two officers were shot downtown in the Kentucky city late Wednesday, just hours after a grand jury announced an indictment in the Breonna Taylor case.

Driving the news: Metrosafe, the city's emergency services, said it received reports of a shooting at South Brook St. and Broadway Ave., near the area where protests were taking place. A police spokesperson told a press briefing the injuries of both officers were not life-threatening. One officer was "alert and stable" and the other was undergoing surgery, he said.

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Biden: Breonna Taylor indictment "does not answer" call for justice

Former Vice President Joe Biden. Photo: Leigh Vogel/Getty Images

Former Vice President Joe Biden on Wednesday condemned the grand jury indictment of a Louisville police officer who entered Breonna Taylor's home in March in a botched drug raid that led to her death, saying in a statement the decision "does not answer" for equal justice.

The big picture: Biden called for reforms to address police use of force and no-knock warrants, while demanding a ban on chokeholds. He added that people "have a right to peacefully protest, but violence is never acceptable."

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