A life insurance trade group is expressing its concern over an Obama Administration proposal to tax annuity income to fund Medicare.

The National Flood Insurance Program expired Feb. 28, although the expiration is expected to be brief.

This week will mark the one-year anniversary of the Obama Administration’s start to reform America’s health care system, and while Democrats are urging a resolution, Republican continue to see a long road ahead.

The public option –long debated and absent from President Barack Obama’s health reform plan – appears to no longer be an option.

IFAwebnews.com will be posting updates and observations throughout the President’s Health Summit, where President Obama and key members of Congress, both Democratic and Republican, are supposed to hammer out a plan for comprehensive federal health care reform.

The U.S. Office of Management and Budget, part of the Obama Administration, is indicating its “strong support” for a bill repealing the antitrust exemption for health insurance companies.

Medical malpractice insurance will not be affected by Congress’ consideration of changes to federal antitrust regulations.

Both of Maryland’s senators have gotten behind a last-ditch effort to revive a public, government-run health insurance option by using a controversial legislative procedure known as reconciliation.

The five largest public U.S. health insurance companies generated record profits in 2009, according to a new report from Health Care for America Now (HCAN).

Virginia’s House of Delegates has given preliminary approval to a bill that would block any forthcoming federal mandate for individuals to purchase private health insurance.