Workers Expect Employers to Educate Them on Health Reform

Seventy-five percent of workers expect their employers to educate them about health care reform and explain how it will affect their coverage. However, only 13% of employers say that educating employees on health care reform is important for their organization, according to a study by Aflac.

Fifty-four percent of workers say they would not want greater control over their insurance options because they don’t have the time or knowledge to manage it. Fifty-three percent fear they would not manage their coverage adequately, leaving their families less protected. Seventy-six percent say they are not very knowledgeable or not at all knowledgeable about federal and state health insurance exchanges.

Fifty-eight percent of employers that said they are extremely knowledgeable about health care reform also say that their employees are extremely knowledgeable about their benefits. However, only 27% of employers say they understand healthcare legislation extremely or very well. Seventy-four percent of workers who are extremely satisfied with their job are also satisfied with their benefits, compared to only 30% of workers who are not satisfied with benefits.

More employees are using voluntary insurance products to cover costs not covered in their high deductible insurance plans. In 2013, 43% of workers were enrolled in voluntary products, compared to 31% in 2012.

The survey also reveals the following about employees:
• 32% are not knowledgeable about health savings accounts (HSAs)
• 6% are not knowledgeable about federal and state health care exchanges
• 49% are not knowledgeable about health reimbursement accounts
• 25% are not knowledgeable about flex spending accounts (FSAs).
• 23% are saving more in anticipation of potential increases in medical costs,
• 46% have less than $1,000 in savings to use for out-of-pocket expenses associated with an unexpected serious illness or accident, and 25% of employees have less than $500.

The survey reveals the following about employers:
• 53% have implemented a high-deductible health plan (HDHP) over the past three years — a trend that shows no sign of slowing.
• 55% have done nothing to prepare for possible changes to the health care system.

Aflac has created the booklet, “An Employer’s Guide to Health Care Reform.” For more information, visitAflacWorkForcesReport.com.

Last Updated 09/16/2020

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