Prudential Financial Inc. on Wednesday said that its first-quarter profit rose 10 percent as sales of its insurance products and annuities increased and investment income rose.

A proposal to end Medicare Part B reimbursements for retired Hawaii government employees isn't becoming law this year.

Caremark, the pharmacy benefits management business of CVS Caremark Corp., has struggled and reported lower profits in recent years.

MetLife Inc., the nation's largest life insurer, said Wednesday that its first-quarter profit rose 3 percent, helped by the acquisition of AIG's Alico unit and a jump in investment income.

Four people have been convicted in Houston of conspiring to defraud the Medicare program out of $5.2 million over a three-year period.

A global pharmaceutical company has agreed to pay Idaho $47,000 to settle a fraud lawsuit over a prescription drug for treating multiple sclerosis.

Wisconsin Gov. Scott Walker has proclaimed Wednesday "State Employee Recognition Day," months after pushing a bill that would strip most of those workers of their collective bargaining rights.

The Republican-controlled Florida Legislature has put an amendment on next year's ballot aimed at thwarting the federal health care overhaul.