Aflac Incorporated · NYSE:AFL
Aflac — Investor Presentation (April 2014)
12 slides from Aflac's investor presentation, April 2014
Slide 1: The Growing Importance of Voluntary Insurance
THE GROWING IMPORTANCE OF VOLUNTARY INSURANCE Findings from the 2014 Aflac WorkForces Report 4/14 Z140351
Slide 2: About the 2014 Aflac WorkForces Report
About the 2014 Aflac WorkForces Report • The 2014 Aflac WorkForces Report is the fourth annual Aflac employee benefits study examining benefits trends and attitudes. • Fielded in January 2014 by Research Now, a global online-sampling and online data-collection company. • Responses from 5,209 America
Slide 3: Trends in company-benefits offerings
Trends in company-benefits offerings Steady growth in companies offering dental, life, vision, disability and voluntary insurance.
Slide 4: Employers place a high priority on controlling costs
Employers place a high priority on controlling costs 49% of employers say controlling costs is a top business objective; businesses continued to shift benefits costs in 2013:
Slide 5: Benefits matter to workers
Benefits matter to workers Employee perceptions of benefits. Extremely satisfied with benefits package. Benefits package meets current needs extremely well. Maintaining health care benefits is most important benefits concern right now. Likely to accept a job with slightly lower compensation but bett
Slide 6: Benefits impact employee retention
Benefits impact employee retention Don’t assume your employees are satisfied.
Slide 7: Workers have real financial concerns
Workers have real financial concerns • Only 31% are extremely or very confident in their financial future. • 42% are not at all or not very prepared to pay out-of-pocket expenses associated with a serious illness or injury.
Slide 8: Many workers are not prepared financially
Many workers are not prepared financially • 24% of employees named “personal financial issues” as their top non- work-related issue that distracts them during work.
Slide 9: Workers see the value of voluntary benefits
Workers see the value of voluntary benefits • 63% see a growing need for voluntary insurance benefits. • When asked why the need for voluntary insurance benefits is growing today, workers say: • Rising medical costs: 76% • Rising medical coverage costs: 66% • Increasing deductibles and copays: 61% •
Slide 10: Voluntary insurance improves employee perceptions
Voluntary insurance improves employee perceptions Employees with voluntary benefits are more likely to say they… * Among those who have heard the phrase consumer-driven health care.
Slide 11: Make smarter benefits decisions for your business and your employees
Make smarter benefits decisions for your business and your employees As health care costs continue to rise and workers take more control of their benefits decisions, voluntary insurance plans are even more relevant for your company’s overall benefits strategy. Voluntary policies: • Pay cash benefits
Slide 12: Thank you
Thank you