Americans have an unpaid medical bill on their credit reports,2 amounting to $140 billion nationwide.3
of employees who lost wages during the pandemic are still earning less than they did before.4
More than half of employees experience some anxiety about health care costs that aren’t covered by their health insurance.5
couldn’t pay $1,000 or more for out-of-pocket expenses without relying on debt or credit if an unexpected serious illness or accident occurred today.5
of employees say high financial stress distracts them from their work.7
Financial stress costs U.S. businesses an estimated $4.7 billion per week.8
Including Aflac products in clients’ benefits packages can help ease their employees’ financial stress. Want to learn more? Contact your Aflac representative today.
1 North American Mental Health Professional Advice Council. “10 Most Common Causes of Financial Stress.” Published 5.25.2020. Accessed 8.6.2021.
2 The Guardian. “‘I live on the street now’: how Americans fall into medical bankruptcy.” Published 11.14.2019. Accessed 8.6.2021.
3 The New York Times. “Americans’ medical debts are bigger than was known, totalling $140 billion.” Published 7.20.2021. Accessed 10.4.21.
4 Pew Research Center. “A Year Into the Pandemic, Long-Term Financial Impact Weighs Heavily on Many Americans.” Published 3.5.2021. Accessed 8.6.2021.
5 2020-2021 Aflac WorkForces Report. “Workplace Benefits Trends - Executive Summary.” Accessed Aug. 31, 2021.
6 Salary Finance. “Inside the Wallets of Working Americans: The 2nd Annual Salary Finance Report.” Published 2020. Accessed 8.6.2021.
7 Morgan Stanley. “Better for Employees, Better for Business: The Case for Employers to Invest in Employee Financial Health.” Published May 2019. Accessed 8.6.2021.
8 PR Newswire. “Report: Employee Financial Stress Costs U.S. Companies Nearly $5B Per Week.” Published 6.16.2021. Accessed 8.6.2021.
The content within is for informational purposes for agent and broker-facing audiences. This information is not approved to distribute to prospective insureds, to prospective accounts, or to use as a solicitation. Misrepresenting this, or any, information to solicit or induce an insured to lapse, forfeit, or surrender an insurance policy is prohibited by law. Any use not specifically permitted herein is strictly prohibited. Aflac includes Aflac and/or Aflac New York and/or Continental American Insurance Company and/or Continental American Life Insurance Company.
Aflac | WWHQ | 1932 Wynnton Road | Columbus, GA 31999 Continental American Insurance Company | Columbia, SC