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Industry observers said that drug companies are likely to continue to oppose the government's efforts to reduce prices.

With abortion expected to be front and center during election year, Secretary Xavier Becerra has sent a letter to health plans and insurers to "continue to encourage plans and issuers to ensure they are complying with the law."

UnitedHealth, the nation's largest health insurer, attributes Medicare Advantage claims for much of the increased costs, as well as high December COVID-19 hospital admissions, driven by a more infectious variant.

To stop the "leakage" of retirement cash-outs when employees switch jobs, the Department of Labor proposes new rules regarding fees under SECURE 2.0, which is aimed at expanding auto-portability transactions.

Racial and ethnic earning disparities associated with health insurance premium growth have increased over time.

Announced by the administration on Friday, the latest debt relief that affects teachers, nurses and firefighters comes on the heels of an announcement earlier this month fast-tracking the Saving on a Valuable Education (SAVE) plan.