Healthcare

More than 1 million people waited until the last five days to sign up for 2014 health coverage under Obamacare, and early indications are that many were young minorities, insurance analysts and enrollment groups said.

A majority of Americans remain uninsured and many based the decision to stay uninsured on the cost of coverage, with many not even visiting an exchange to see a price estimate, a new study from consultancy Market Strategies International finds.

Retirement plan sponsors and their consultants are attentively following the Supreme Court today as it hears oral arguments in Fifth Third Bancorp v. Duddenhoeffer, a case that has implications for the retirement plan industry’s fiduciary standard in employee stock ownership plans.

Typically thought of as the employees’ responsibility, plan sponsors should actually facilitate all aspects of required minimum distributions – from alerting participants about them to activating the fund withdrawal.

The latest ACA enrollment extension could mean big losses for insurers and higher premiums for everyone in 2015, Moody’s predicts.

President Barack Obama’s declaration that 7.1 million health-plan enrollments serve as a rebuke to critics of his signature law won’t diminish the opposition nor stop the scrutiny of the overhaul’s effect.

Just over 7 million people enrolled for insurance coverage under Obamacare after a last-minute surge at the deadline to sign up, White House press secretary Jay Carney said Tuesday.

Overall, state public-sector pension programs continue claw out of the unfunded liabilities that have buried them since the financial collapse, as the total pension debt was over $1 trillion at the close of the fiscal year 2012.

Current regulations don’t require a retirement plan provider’s investment advice be in the best interest of plan participants, but most employers want that to change, an AARP study finds.

A new analysis finds that retirement coverage in the private sector remains a “serious problem” for plan sponsors and employees despite previously reported high levels of access to retiree options, according to researchers from the Center of Retirement Research at Boston College.