Broker Regulation

The Supreme Court said Monday it will hear arguments next March over President Barack Obama's health care overhaul a case that could shake the political landscape just as voters are about to decide if Obama deserves another term.

The Republican-led Michigan Senate took an initial, hesitant step on Thursday toward setting up a state health insurance exchange that would be created under federal health care reform requirements.

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...

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.