Financial News

4 Strategies to Make Open Enrollment Better

By: 3BL Media
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

SOURCE: Aflac Incorporated

DESCRIPTION:

By Amanda Schiavo

It’s no secret that employees don’t love open enrollment. The annual task of selecting benefits can feel more like a nuisance than an opportunity to find support systems and benefits offered by an employer. But that’s a missed opportunity for businesses and their workers.

According to Aflac’s 2020-2021 Workforces report, 93% of employees pick the same benefits each year rather than choosing new options. And according to a survey from Voya, 35% of workers don’t fully understand the benefits they sign up for. That can lead to low utilization — and wasted dollars.

Read the full article here

Tweet me: It’s no secret that employees don’t love open enrollment. According to @Aflac’s 2020-2021 Workforces report, 93% of employees pick the same benefits each year rather than choosing new options and support systems to better serve them. Learn more here: https://bit.ly/3Cn7VO2

KEYWORDS: Aflac, NYSE: AFL, EBN, Aflac’s 2020-2021 Workforces report

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