Does Your Business Offer Competitive Employee Benefits?
In today’s increasingly competitive environment, businesses view employee benefits as a strategic component. The employee benefits package you provide will play a key role in attracting and retaining the best and most talented individuals for your organization.
When it comes to health insurance options, there can be a disconnect between what employers think is true for their workers, and what those workers actually experience. For example, almost 75 percent of employers believe their employees have sufficient options readily available to them for meeting their health care financial obligations.
However, the reality is that almost half of employees say they are not prepared to pay the out-of-pocket expenses that would result if they suffered an unexpected illness or accident. In fact, over 80 percent of employees see a growing need for voluntary insurance benefits. And most employees believe the rising costs of medical services have created a need for voluntary benefits.
So, how can you help your employees? By partnering with Accuchex to offer voluntary insurance through Aflac.
While some employers believe their workforce don’t have a real interest in supplemental insurance products, the truth is that more than 70 percent of employees would be likely to purchase voluntary insurance.
Benefits of Offering Aflac Voluntary Insurance Products
- Control Costs – You can offer policies with affordable premiums that provide employees with cash benefits to help pay for out-of-pocket costs, at no direct cost to your business.
- Increase Productivity – By helping with out-of-pocket expenses not covered by major medical insurance, voluntary insurance plans can increase job satisfaction and help employees feel more financially prepared.
- Reduce Impact of Health Care Costs – Offering products that supplement your employee’s major medical coverage will help with expenses they’re not financially prepared to pay.
- Attract and Retain Talent – A strong benefits package is key to attracting employees and Aflac policies can boost your benefits by complementing your major medical insurance coverage.
- Cost-Effective Perk Alternative – Aflac offers an additional level of financial protection for your employees and their families in the event of a serious accident or illness, at no direct cost to your business.
Learn more about the state of employee benefits trends and attitudes with the Aflac 2017 Workforce Reports. Aflac has produced two reports, one specifically for employers, and another for your employees. Take the next step to offering superb employee benefits by downloading these reports.
Accuchex Insurance Services LLC (CDI# 0G33235) offers business insurance products to protect your employees, you and your assets from the risks of conducting your day-to-day business.