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The software provider was accused of mismanaging its profit-sharing 401(k) plan and failing to fulfill its fiduciary duties by diversifying the plan's assets, which resulted in significant losses, according to the Labor Department.

During the Consumer Financial Protection Board hearing, panelists identified deferred interest credit cards as a prime culprit saddling patients, who tap financing for "gaps" in health care coverage, with medical debt.

The hospital chain, which announced last week that the breach affected 11 million patients, "knew or should have known" that the private information it collects is "highly sought after by criminal parties," plaintiffs wrote in one complaint filed last week.

Consumers brace for recession, but turn to alternative sources for financial advice - family, friends, online resources, prayer and ChatGPT, which they say will provide better financial advice than a human advisor in the next five years, says a new survey.

While evolving AI models are likely to bring their own set of changes to the insurance industry, such as the creation of new, AI-bespoke policies, until then, companies will have to rely on a portfolio of insurance products for coverage.

Behavioral health startup Octave, which aims to expand access and reduce costs, plans to fill the large unmet need for in-network behavioral health services, including adult individual, couples and family therapy with virtual and in-person services.

Excessive drinking during the COVID-19 pandemic increased alcoholic liver disease deaths so much that the condition killed more Californians than car accidents or breast cancer, according to KFF.

A proposed class-action lawsuit alleging that Cigna overcharged members for medical equipment will not be allowed to proceed, a federal judge in Connecticut has ruled.