Long term care cost inflation is creating new challenges for financial professionals and their clients, as uncertainty about equities, a soft housing market and rising healthcare costs have stunted the growth of many retirement portfolios.

Medicaid payments to hospitals and health care providers in Oregon will be cut starting July 1 under a plan released Wednesday by lawmakers.

Jubilant Democrats demanded Republicans abandon their sweeping plans to remake Medicare on Wednesday after casting a House race in upstate New York as a referendum on the popular program and emerging victorious.

Gov. Sam Brownback signed legislation Wednesday to bolster the long-term health of Kansas' public pension system.