Disability Insurance: Protecting Your Employees Means Protecting Your Business
As an employer, you have procedures in place to help employees overcome workplace concerns, but you may sometimes wonder what you can do to help them overcome personal challenges. Did you know that one of the most meaningful things you can do for your workers is provide a robust benefits package that includes disability insurance? It's true: 38 percent of workers surveyed as part of Aflac's 2013 WorkForces Report said that by offering strong benefits, employers signal they care about their employees' well-being. And workers who believe their employers care about them stay in their jobs longer and are more loyal and productive. Read the article.
Secrets to Building a Loyal Small Business Workforce
Small businesses are often at a disadvantage when it comes to providing competitive benefits. Larger companies have greater purchasing power and can buy employee coverage at more competitive rates. With the opening of health care exchanges, you may be wondering how much value employee benefits can bring to your company’s success. A recent Aflac survey discovered key HR and benefits best practices revered by best-in-class companies that can help small businesses better compete. 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.
Critical Illness Coverage Lets Employees Concentrate on Recovery
As a benefits decision-maker, you understand the importance of critical illness coverage. However, most people arguably do not. 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. 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.
4 Important Ways to Protect Workforce Heart Health
Heart disease and stroke are among the nation’s leading causes of death and disability, as well as the most expensive medical conditions for businesses. Consider four important ways to protect heart health at your company. Read the article.
Accident Insurance Helps Provide a Financial Safety Net
Accidents happen. A common phrase tossed around, but a reality that can happen to anyone at any time. While major medical insurance may pay some costs, most people have expenses after an accident they never thought about before. From out-of-pocket medical costs to a temporary loss of income, a wide range of expenses can put a strain on your finances. 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.
Are You an Active Protector or a Benefits Gambler?
The new online Wellbeing Assessment Tool from Aflac uses extensive data and an exhaustive analysis of benefits for employees across a wide range of industries and employer size. The result is one of five profiles that offer users realistic advice and actions to consider. Read the article.
Kick the Habit with 4 Smoking Cessation Workplace Options
Lung cancer is alarmingly common, but many cases are completely preventable. Workplace smoking cessation programs can help to decrease worker exposure to second-hand smoke and encourage tobacco users to quit. 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.
8 Health Care Reform Dates Every Small Business Needs to Know
While several provisions of the new Affordable Care Act (ACA) have already gone into effect, there are several key dates small business owners need to be aware of in the coming months and years. We’ve compiled a list, as well as several useful resources, to help you navigate important health care reform milestones. Read the article.
Exposing Six Common Myths about Supplemental Insurance
Considering supplemental insurance policies to reduce health care costs? This article highlights common myths to help small businesses make informed decisions about supplemental benefits options. 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.
Self-Funded Insurance Models Provide New Options for Small Businesses
Employers of all sizes are seeking ways to control health care costs, but for smaller organizations, self-funded models offer an effective alternative to traditionally funded health care plans. Read the article.
2012 Industry Insights
New results from the 2012 Aflac Workforces Report reveal workforce trends that have a significant impact on U.S. Industries in 2012 and beyond. Read the articles:
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.
Top Nine Benefits Enrollment Tips for Small Businesses
To help make this year’s open enrollment a success, our experts have compiled a list of the top nine benefits enrollment tips for you and your employees. 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.
Executive Summary: Bringing Benefits to Bear for Business Performance and Profitability
The 2012 Aflac WorkForces Report, conducted in partnership with national polling firm Research Now, reveals insights to help companies rethink their approach to benefits use and delivery. This year’s groundbreaking study uncovers quantifiable connections between a variety of benefits aspects and their bearing on business performance. Read the article.
One Solution Helps Move the Dial on Top Three Priorities for Small Employers
Small employers are faced with daily battles to accomplish the tasks required to meet three top priorities identified in the Aflac Workforces Report. These issues can be complex, and no one tactic or solution can solve these challenges. However, adding voluntary insurance policies to the benefits offerings can help small employers meet these needs. 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.
Aflac Helps IT Business "Accent" Its Employees' Affordable Benefits Coverage
Voluntary insurance approach extends creative and affordable solutions. Read the article.
Aflac Helps Ketcham Fencing Construct More Competitive Benefits Packages
Trusted voluntary insurance aids employee recruitment and retention. Read the article.
Indiana Furniture Partners with Aflac to Craft State-of-the-Art Employee Benefits
Furniture company receives "overwhelming" response to voluntary insurance options. Read the article.
3 Ways to Make Tax Time Part of Your Benefits Strategy
Tax time is just around the corner and, this year, many employees will see a new number on their W-2 statement: the dollar amount paid towards their health benefits. The new requirement, along with employees’ heightened focus on tax season offers a unique opportunity to boost benefits communications and highlight your company’s investment to attract, protect and retain a talented workforce. Read the article.
Protecting Your Assets: 5 Steps to Financial Health
In uncertain economic times, people are more focused than ever on protecting their assets. When you've worked long and hard to earn what you have, prudent planning can help make sure you're insured against unforeseen life events that could cost you your savings. Here are five steps consumers should take in order to help protect their financial health.
Read the article.
6 Key Facts Small Businesses Need to Know About Public Health Care Exchanges
As a small business leader, a SHOP exchange offers you new opportunities in the benefits marketplace, as well as with workforce recruitment and retention. This article covers common questions and answers to help you understand the details of these programs to make better informed decisions for your workforce. Read the article.
3 Important Reasons to Promote Breast Cancer Screenings to Your Workforce
When it comes to breast cancer, early detection is one of the best forms of prevention. Whether your business hosts a screening or encourages employees to schedule one with their physician, here are three important reasons to promote breast cancer screenings to your workforce. Read the article.