The Republican-controlled state budget committee voted Thursday to approve about $225 million in Medicaid cuts expected to result in about 65,000 poor adults and children leaving health insurance programs, either because they would no longer be eligible or they could no longer afford coverage.

House GOP leaders have scheduled a vote next week on a constitutional amendment that would require a balanced federal budget.

Eleven insurance companies doing business in New York have been ordered by the governor there to refund $114.5 million to policyholders who were overcharged for health insurance premiums in 2010, with more than half of the refunds due coming from Empire, the New York Department of Financial Services (DFS) announced...

While health price inflation remains flat compared to a year ago, total health spending jumped 5.2 percent led by higher hospital spending, according to sector research.

Employers and consumers alike are adopting health savings accounts as a viable way to manage their health care costs without compromising care, according to two national surveys released Thursday.

How employers are confronting costly employee stresses.

In volatile markets, demand should soar for professional financial advice, but few employees are taking advantage of recent rule changes that encourage plan sponsors to offer just that.

Consumer Watchdog filed a ballot initiative in California to make health insurance companies open their books to forcing them to justify, under penalty of perjury, their proposed rate changes before they take effect.