4 Strategies to Make Open Enrollment Better

By: 3BL Media

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

Five adults seated around a table in a meeting.

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  210.14
+4.77 (2.32%)
AAPL  251.49
+3.50 (1.41%)
AMD  202.68
+1.35 (0.67%)
BAC  47.52
+0.36 (0.76%)
GOOG  299.02
+0.23 (0.08%)
META  604.06
+10.40 (1.75%)
MSFT  383.00
+1.13 (0.30%)
NVDA  175.64
+2.94 (1.70%)
ORCL  154.34
+4.66 (3.11%)
TSLA  380.85
+12.89 (3.50%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.