The latest from Washington, D.C., impacting the insurance and financial services industries.
The court ruled in favor of South Carolina over its effort to defund Planned Parenthood, concluding that individual Medicaid patients cannot sue to enforce their right to pick a medical provider.
Health insurers pledged to streamline and improve the prior authorization processes for Medicare Advantage, Medicaid, Affordable Care Act marketplace and commercial plans covering nearly eight out of 10 Americans.
The Centers for Medicare and Medicaid Services is adjusting agent compensation for Medicare Advantage upward, representing the largest MA increase in broker compensation in years.
Social Security and Medicare’s primary trust funds are projected to become insolvent by 2033 unless Congress acts promptly.
The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent on Wednesday amid pressure from President Donald Trump.
The combined funds move one year sooner.
The National Association of Professional Insurance Agents sent a letter to Senate leadership urging them to reject language in the “One Big Beautiful Bill” that would place a 10-year moratorium on any state-level legislative or regulatory action relating to AI.
The budget reconciliation bill passed by the House of Representatives would reduce health care spending in the United States by $797 billion over the next decade, with more than one-third (36%) of the cuts occurring in California, Florida, Texas and New York, a new analysis shows.
As another volatile hurricane and wildfire season looms, insurers are confronting a new risk not coming from nature — but from Washington.
The sweeping federal budget legislation dubbed the “big, beautiful bill” by its backers is sparking sharp debate over its potential impact.
A new analysis of the budget reconciliation bill passed by the House of Representatives finds health care providers could lose more than $770 billion in revenue over the next decade as a result of more than 11 million people losing health coverage through Medicaid and the Affordable Care Act marketplaces.
The model provides states with a framework to prohibit health care facilities, including hospitals, from imposing facility fees for outpatient services and requires those facilities to accurately bill for services provided at hospital-owned facilities.
An increasing number of older Americans will need long-term care at some point, with most of the care performed by unpaid family members.
A Washington law firm is interviewing health advisors who were unfairly targeted by the Centers for Medicare and Medicaid Services in preparation for a potential class action lawsuit against the federal agency for its use of algorithms to punish agents who enrolled consumers in Affordable Care Act coverage.
Medicaid cuts and prescription drug costs are among the health-related issues to take flight in the first 100 days of the Trump administration.
The Securities and Exchange Commission has some work to do following the recent guilty verdict against a Massachusetts advisor for insufficient disclosures.
The House Budget Committee will meet Friday in the next step toward passage of a massive bill that would extend tax cuts, establish new tax breaks and potentially take health coverage from millions of Americans.
The Conference Board said this week that the 1.6% projected GDP growth rate is up slightly from the 1.2% growth rate the board predicted in April – when President Donald Trump first announced a broad set of tariffs on trading partners
More than six million people could lose Medicaid coverage next year if Congress enacts work requirements for adults under the age of 65, according to an analysis prepared by the Urban Institute with support from the Robert Wood Johnson Foundation.
Two independent insurance claims adjusters and a U.S. Senator accused property/casualty insurance companies of directing adjusters to lower their claims estimates to reduce insurer payouts to homeowners – a practice described as “a pattern of systematic fraud.”
