Disability Insurance: Helping Your Accounts Protect Their Businesses
As a broker, you know your accounts have procedures in place to help employees with their workplace concerns, and that they often search for ways to help workers overcome personal challenges too. Why not remind them that one of the most meaningful things they can do for employees is provide a robust benefits package? After all, 38 percent of workers surveyed as part of Aflac’s 2013 WorkForces Report1 said employers signal they care about their employees’ well-being by offering strong benefits. Read the article.
Voluntary Insurance: Go with the Group or Go it Alone?
Most employer-paid health insurance benefits, including major medical coverage, fall into “the more the merrier” category, with employees enrolling in group plans. But when it comes to voluntary coverage, both group and individual policies have distinct advantages, and employers can choose to provide workers with access to one or the other – or even both. The advantages of voluntary insurance are clear, but it’s up to employers to decide what type of coverage they’ll make available to workers. Read the article.
Supplemental Insurance Helps Manage Costs of Cancer
Cancer affects millions of Americans nationwide, and for many, the diagnosis brings potentially devastating financial burdens even if they have major medical insurance. It is for these reasons and more that voluntary cancer insurance is becoming increasingly important in helping consumers combat the high costs associated with a cancer diagnosis. Learn more about voluntary cancer insurance, what it is and how it can help cover costs major medical doesn’t. Read the article.
Short-Term Disability Insurance Key Component to Financial Protection
As Americans strive to safeguard their finances, one area gets little attention is disability insurance. Most workers underestimate their risk of experiencing a disability and overestimate the resources available to them. Voluntary disability insurance plays an important role in financial planning and safeguarding financial futures. Read the article.
Hospital Indemnity Plans Take the Sting Out of Hospital Bills
The high cost of hospital stays combined with the likelihood for any individual to require one in their lifetime, is driving a growing need for supplemental hospital indemnity insurance. Learn more about hospital indemnity insurance, what it is and how it can help cover costs major medical doesn’t. Read the article.
5 Workforce Resolutions for a Happy, Healthy and Successful Year
Keeping resolutions can be difficult. Whether lack of motivation, busyness, or too many obstacles in the way, many Americans will make a New Year’s resolution this year, but only about 8 percent will keep and achieve their goal. As workers have health and wellness top of mind, here are a few simple ways your business can help empower a happy, healthy, and successful workforce. Read the article.
5 HR and Benefits Trends to Watch in 2013
Every year begins with expectations. This year employers must get down to business with health care planning and tackle new regulations associated with health care reform. With so many changes in sight, this year is sure to buzz with five important health care trends to watch in 2013. Read the article.
Is Your Organization a Talent Attractor or a Benefits Skeptic?
As your business strives to meet the challenges of today’s environment, how do your benefits options compare to those of your competitors? Does your benefits package demonstrate that you care about the welfare and satisfaction of your workforce? Learn more about the Aflac Benefits Assessment and common employer profiles to help your business recruit and retain a talented workforce. Read the article.
Designing Benefit Programs for Different Generations
When designing benefits programs for the generations, it is imperative to take a holistic look at each age cohort, including varying education levels, experiences, life factors and even personality characteristics. Each of these aspects plays a role in what options are best suited to a generation, and more importantly, that appeal to those workers enough to drive participation and enrollment. Read the article.
Why You May Want to Consider a Benefits Broker
Savvy employers have turned to benefits advisors for guidance, recommendations and resources to deliver world-class benefits for decades. However, an increasingly complex health insurance landscape has made benefits advisors and brokers even more valuable to organizations in recent years. Read the article.
Deciphering Life Insurance: What’s the Difference Between Term and Whole Life?
When deciding between term life and whole life insurance, the plan for you and your loved ones depends on your unique situation and what you want from your policy. A little information and making some basic decisions about your top priorities can quickly clarify which plan is best for you. Read the article.
Maximize Open Enrollment to Avoid Costly Financial and Health Outcomes
Over half (56 percent) of U.S. workers estimate they waste up to $750 a year because of mistakes they make with their insurance benefits. This article highlights common pitfalls and HR best practices, to prepare and educate your workforce during open enrollment and throughout the year. Read the article.
Group Plans in Demand: Advantages for Today's Workplace
Many organizations recognize that by making group voluntary insurance plans available, they can benefit from lower premium costs while also enhancing their core plan offerings. According to the 2012 Aflac WorkForces Report, offering group voluntary options can also increase worker satisfaction, better protect employees and increase employee productivity. Read the article.
HR Strategies that Drive C-Suite Results
HR leaders are strategically poised to influence, support and engage a company's workforce to impact business results. Recent HR and benefits trends from the 2012 Aflac WorkForces Report reveal strategies to help HR leaders build strong objectives and tactics to have a positive impact on their companies' bottom lines. Read the article.
Why Do Workers Leave?
For employers, curbing turnover costs has been a daunting task for decades, and now the ongoing war for talent is accelerating. The second annual Aflac WorkForces Report provides important insight into the workers who decide to quit and reasons behind why they do. Read the article.
Whats So Critical About Critical Illness Coverage?
Americans are well-versed about the availability of and need for major medical, home and vehicle insurances. But many simply don’t know that critical illness coverage exists, never mind the financial relief it can offer to those who suffer a critical illness. With new statistics and projections about the likelihood of suffering from a critical illness, it is important to convey the potential financial impact of being diagnosed with a critical illness without adequate voluntary insurance in place. Read the article.
The Wellness Movement: Examining the Role of Wellness Programs and Their Impact on America’s Workforce
Increasingly, companies embrace wellness programs and preventive care because of rising health care costs. Insights from the 2012 Aflac WorkForces Report delve into the current practices surrounding wellness programs, including return-on-investment (ROI), success rates, employee attitudes and best practices of effective programs. Read the article.
The Voluntary Advantage
The Aflac WorkForces Report reveals quantifiable advantages for companies that offer voluntary benefits options and whose workers opt-in to such policies. Read the article.
FIVE Trends to Help Brokers and Agents Adapt to a New Voluntary Insurance Market
There is no doubt that healthcare reform will change the health insurance business landscape. It will not only influence how brokers and agents market and sell to customers, but the role brokers and agents will play in the industry. Aflac has identified and uncovered five trends that stand to greatly influence the voluntary market, and that represent opportunities for agents and brokers to demonstrate resiliency and inventiveness. Read the article.
Supplemental Insurance Policies Can Help Increase Consumer-Driven Health Plan Participation
Consumer-driven health plans are becoming more popular coverage options for employees. But there are several factors that may deter the growth of HSAs/HDHPs. Education, communication and providing supplemental benefits options could potentially quell concerns and encourage enrollment. Read the article.
Group or Individual Insurance?
Now that some voluntary insurance providers, such as Aflac, offer group platforms to businesses with as few as 100 eligible employees, the decision to offer group plans over individual policies may become a bit of a guessing game for benefits managers. Read the article.