Broker Regulation

Wisconsin has dramatically increased the use of private vendors to administer Medicaid programs, which have grown in size and complexity too fast for budgeting and financial management practices to keep pace, an audit released Tuesday said.

The American Society of Pension Professionals and Actuaries and the Council of Independent 401(k) Recordkeepers sent a letter to the Department of Labor requesting it extend the applicability dates of fee disclosure regulations that affect both plan sponsors and plan participants.

Medicare has set up a damage control plan to deal with steep cuts to doctors that a gridlocked Congress may be unable to head off by Jan. 1.

The Supreme Court announced Monday that it will use an unprecedented week's worth of argument time in late March to decide the constitutionality of President Barack Obama's historic health care overhaul.

The House intends to vote down a bipartisan two-month extension of the payroll tax cut that has cleared the Senate and is backed by President Barack Obama, and request immediate negotiations on a full-year renewal, Speaker John Boehner said Monday.

House Speaker John Boehner says Republicans will defeat a short-term bill that would have prevented a tax hike on some 160 million Americans and called on Democrats to stay in Washington through the holiday if necessary to "finish the people's business."