As employers renew their commitment to their employee benefits strategies, they’re looking to brokers and insurance carriers to help them deliver holistic offerings that reflect the evolving landscape and address employees’ financial wellbeing needs.
Employers and employees are looking to a combination of supplemental benefits, enhanced technology and education to navigate the pandemic’s impact and prepare for the future. Bob Ruff, Senior Vice President of Growth Solutions at Aflac, gives a fresh look into how the benefits landscape is changing.
COLUMBUS, Ga., March 11, 2021 /3BL Media/ -- Aflac Incorporated announced recently that it has closed its first sustainability bond, further reinforcing the company's longstanding commitment to uphold the core values of our "people-first" business approach that balances purpose and profit. The company's core values include reinforcing and operating with the utmost respect for our environment and the communities we serve.
The company issued $400 million principal amount of 1.125% senior notes due 2026.
Coming off the events of last year, a comprehensive benefits offering not only helps employees during a health event, but it also supports employee productivity, recruitment and retention. According to the 2020-2021 Aflac WorkForces Report, 35% of workers say improving their benefits package is the one thing their employer could do to keep them in their jobs — second only to increasing their pay. (Learn more about the survey at Aflac.com/AWR.)
After an unpredictable 2020 and with a COVID-19 vaccine in the early stages of distribution, optimism and fresh starts are the sentiments ringing true right now.
However, the health and financial challenges of 2020 will likely linger for some time. In fact, the 2020-2021 Aflac WorkForces Report found that 67% of U.S. employees experienced at least a minor financial impact because of COVID-19.
Aflac, a leading provider of supplemental insurance products in the U.S, will serve as title sponsor for the Eighth SEC MBA Case Competition, hosted virtually April 15-17 by the Raymond J. Harbert College of Business. Harbert College was scheduled to host the event in April 2020, but COVID-19 forced its postponement.
COLUMBUS, Ga., March 18, 2021 /3BL Media/ -- Aflac, a leading provider of supplemental insurance products in the U.S., today announced it has once again been named as one of the World's Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the 15th consecutive year that Aflac has appeared on the prestigious ethics list, making it the only insurance company to hold this distinction every year since the inception of the honor in 2007.
What are some specific steps insurance providers can take to build better bridges to Black and Brown communities?
I think the first steps providers can take start with the composition of their workforce. You cannot advocate for diversity if you do not focus on diversity in your own house.
According to the 2020 Aflac Health Care Issues Survey, COVID-19 affected 16% of families with children under 18 in the household — and of these, 75% said they or a member of their household required hospitalization for the coronavirus. Hospitalization due to COVID-19 can be costly. A single symptomatic COVID-19 case could incur a median direct medical cost of $3,045 during the course of the infection, according to Health Affairs.
Makes significant gains on Human Rights Campaign 2021 Corporate Equality Index for LGBTQ issues
Press Release
COLUMBUS, Ga., February 15, 2021 /3BL Media/ - Aflac Incorporated, a leading provider of supplemental insurance products through its subsidiaries in the U.S. and Japan, announced it has received two major recognitions while making significant strides related to gender equality and LGBTQ initiatives.
