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Pharmacy benefits manager Medco Health Solutions Inc. said Friday that after this year, it will lose a contract that brought it about $3 billion in annual revenue.

Senator Hatch actually introduced similar legislation three years ago, but the 2008 bill never made it to the floor for a vote. Hopefully Hatch and other supporters will have better luck this time around.

Sen. Orrin Hatch, R-Utah, introduced Thursday a bill that would modify and streamline rules for health savings accounts and flexible spending accounts.

The 20 most important employee benefits stories from the past week.

Gov. Martin O'Malley is announcing the creation of an Office of Health Care Reform and the members of a board that will oversee Maryland's Health Benefit Exchange.

Wisconsin's law taking away nearly all collective bargaining rights from most public workers was struck down Thursday by a circuit court judge but the ruling will not be the final say in the union fight that brought tens of thousands of protesters to the Capitol earlier this year.

The infrastructure for a new one-stop shop to help North Carolina residents and small businesses find affordable health insurance has passed the House despite complaints from some Democrats that it doesn't do enough to protect consumers.

S&P 500 defined pensions remain underfunded by $245 billion, despite slight growth in 2010.