Some 3.6 million people Medicare recipients saved a total of $2.1 billion on their prescription drugs in 2011 thanks to the healthcare reform law, the Obama administration announced Thursday.

A high-stakes ballot measure to give state regulators the power to approve health insurance rates in California has landed a heavyweight supporter: U.S. Sen. Dianne Feinstein.

Governments in large developed economies will face "ballooning" debt levels and rating downgrades if they don't act quickly to limit the impact on their budgets of rising healthcare costs, Standard & Poor's Corp. warned Tuesday.

Opinion by Ezekiel J. Emanuel

The underlying premise of some of the 2010 health law’s most ambitious changes to Medicare is using financial incentives to get doctors and hospitals to improve the quality of care and lower costs. Both accountable care organizations and the Value-Based Purchasing Program aim to give bonuses to hospitals that achieve such goals.