In the first settlement with any health insurer over allegations of fraud tied to Medicare's prescription drug contracting plan, Humana settled the whistleblower suit "without admitting any wrongdoing," said the insurer.

After a federal appeals court blocked the Saving on a Valuable Education forgiveness plan in early August, President Biden appealed to the high court last week to reinstate the program, which would lower payments for borrowers.

The firm mismanages its $3.4 billion 401(k) plan by overpaying for administrative services and using money forfeited by former employees, the class action lawsuit alleges.

Ameriprise, Edward Jones and other big names in wealth management have agreed to pay hefty fines, after a years-long sweep of 26 firms for "widespread and longstanding failures" to preserve electronic communications.

After top drugmakers unsuccessfully tried to squash the program, HHS has finally reached agreements with Merck, Novartis and others to lower prices for the first 10 drugs included in the Medicare Drug Price Negotiation Program.

A 65-year-old retiring this year can expect to spend an average of $165,000 in out-of-pocket health care expenses throughout retirement, according to Fidelity's annual Retiree Health Care Cost Estimate.

With extensive damage to homes and property, the IRS is allowing 401(k) plan participants in South Carolina, North Carolina, Florida and Georgia to take out special disaster distributions from their retirement accounts.

BofA employees filed a lawsuit last week, alleging that the company mismanaged its 401(k) plan by using assets forfeited by former workers for its own financial benefit, in yet another fiduciary forfeiture lawsuit.