Help for those affected by the hurricanes | Learn More

A message from Aflac

To our policyholders in areas affected by the recent hurricanes, please know that the thoughts and prayers of everyone at Aflac are with you. We are working with government agencies that represent all declared disaster areas to ensure we do everything possible to help you. Based on that guidance, we have extended the due dates for policy premiums by 60 days for those living in places that have been declared disaster areas. If you have a question about your policy or need help, contact us at 800-992-3522. To help with the recovery, Aflac made a $500,000 donation to the American Red Cross, and our employees are making their own private contributions. Please be safe, as the care of you and your families is paramount.

855.502.3522

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In today’s workplaces, there can be as many as five generations of employees working side by side: millennials working with their parents; members of the silent generation collaborating with Generation Xers; Generation Xers working with millennials. The age gap between individuals in the workforce can be as much as 50 years. The result? Widely varying opinions, values and work experiences.

The 2017 Aflac WorkForces Report, an annual study gauging employer and employee attitudes and opinions about health care and benefits trends, brings the perceptions and realities of benefits in today’s workplace to light.1 The insights gained from it can help businesses make informed decisions about the benefits needs of all their employees, regardless of generation.

At a Glance

Increased enrollment in voluntary benefits

The number of employees enrolled in voluntary insurance through their employers has increased across all generations from 2016 to 2017, with the number of millennials enrolled in voluntary options increasing by 22 percent.1

Employees are not only enrolled in voluntary benefits, but they see the value in them. Nearly 8 out of 10 employees across all generations see a growing need for voluntary insurance benefits.1 In addition to employees, a recent study by LIMRA shows that employers also recognize the value of offering voluntary benefits.2

Benefits are key to workplace productivity and happiness

Benefits offerings are proving to be great workplace differentiators. Not only do strong benefits packages drive employee retention and attraction, but they are also instrumental in increasing employee job satisfaction and productivity. Nearly 8 in 10 employees say a benefits package is at least somewhat important to worker productivity.1

Nearly 9 in 10 employees say a benefits package is at least somewhat important to job satisfaction.1 The previously mentioned LIMRA study showed many employers recognize that voluntary benefits improve worker morale and job satisfaction, with no direct costs to their companies.2

Meeting the needs of employees

Tomorrow’s business success is determined by the actions companies take today – and that includes ensuring their benefits programs meet the needs of employees, including those dealing with serious realities such as medical bills. There’s no doubt that health insurance costs will continue to rise, so employees may need extra financial protection that major medical insurance doesn’t provide, such as voluntary insurance.3

This article is for informational purposes only and is not intended to be a solicitation.

Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.