Survey reveals voluntary insurance is an important recruitment and retention tool for hospitals
COLUMBUS, Ga., Oct. 21 /PRNewswire/ -- As more hospitals ramp up efforts
to attract and retain quality nursing staffs, a new survey(i) by insurance
provider Aflac finds that 86 percent of nurses say a hospital's benefit
package is one of the most important factors when determining where they
choose to work, and more than half report they would switch jobs solely based
on an employer's benefits.
In fact, three-quarters of the registered nurses surveyed say they would
prefer to work for an employer that provides voluntary insurance policies,
including insurance for short-term disability. Additionally, the vast
majority of the randomly polled nurses (87 percent) believe that voluntary
insurance is an important factor when evaluating a current or potential
employer.
The survey findings come at a time when American hospitals are facing
critical nursing shortages: The Journal of the American Medical
Association(ii) has forecasted that by 2020, the number of registered nurses
will fall short of demand by 20 percent.
"These findings underscore the positive response we've seen among
employees with access to voluntary insurance," said Paul S. Amos II,
president, Aflac; COO, U.S. Operations. "Not only can voluntary insurance help
nurses manage their health care expenses, but it can also have a positive
impact on hospitals' recruitment and retention efforts."
Other survey highlights include:
-- 66 percent of nurses say a voluntary insurance package would positively
impact their decision to remain with an employer
-- 64 percent of nurses who currently have voluntary insurance policies
are unwilling to go without them
-- 54 percent of nurses say that voluntary insurance would improve their
benefits package
-- 89 percent of nurses believe that as health care costs rise in the
coming years, voluntary insurance will become even more important
-- 47 percent would consider switching jobs if their new employer made
voluntary insurance plans available
ABOUT AFLAC
For more than 50 years, Aflac products have given policyholders the
opportunity to direct cash where it is needed most when a life-interrupting
medical event causes financial challenges. Aflac is the number one provider of
guaranteed-renewable insurance in the United States and the number one
insurance company in terms of individual insurance policies in force in Japan.
Our insurance products provide protection to more than 40 million people
worldwide. Aflac has been included in Fortune magazine's listing of America's
Most Admired Companies for seven years and in Fortune magazine's list of the
100 Best Companies to Work For in America for ten consecutive years. Aflac has
also been recognized three times by both Fortune magazine's listing of the Top
50 Employers for Minorities and Working Mother magazine's listing of the 100
Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500
company listed on the New York Stock Exchange under the symbol AFL. To find
out more about Aflac, visit www.aflac.com.
i A telephone survey of 250 registered nurses who work in hospitals and
receive benefits from their employer. The survey was conducted by StrategyOne
on behalf of Aflac and has a margin of error of plus or minus 6.1%.
ii "Implications of an Aging Registered Nurse Workforce" The Journal of
the American Medical Association, June 14, 2000
Media Contact:
Mechell Clark
Aflac
(706) 243-8004
meclark@aflac.com
SOURCE Aflac