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UNDER FINANCIAL STRESS
Employee findings from the 2015 Aflac
WorkForces Report showed:
68% agree1
they regularly underestimate
the total cost of injuries or illnesses,
including medical, household and
out-of-pocket costs.
52% have less than $1,000 to pay
out-of-pocket expenses associated with
unexpected serious illnesses or accidents,
and 28% have less than $500 available.
44% would have to use a credit card and/or
borrow from their 401(k) or other retirement
account to pay out-of-pocket costs
associated with an unexpected serious
illnesses or accidents.
20% have had difficulty paying a medical bill
due to high medical costs.
9% have missed bill payments2
due to
high medical costs.
17% have been contacted by a collection
agency due to outstanding medical bills
and/or had their credit score negatively
impacted due to high medical costs.
Source:
2015 Aflac WorkForces Report, conducted in Jan. 2015 by Research Now on behalf of Aflac.
1
Includes those who completely, strongly and somewhat agree.
2
Includes car, credit card and/or rent/mortgage payments.
Z150335 American Family Life Assurance Company of Columbus 4/15

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Is Your Business Under Financial Stress?

  • 1. UNDER FINANCIAL STRESS Employee findings from the 2015 Aflac WorkForces Report showed: 68% agree1 they regularly underestimate the total cost of injuries or illnesses, including medical, household and out-of-pocket costs. 52% have less than $1,000 to pay out-of-pocket expenses associated with unexpected serious illnesses or accidents, and 28% have less than $500 available. 44% would have to use a credit card and/or borrow from their 401(k) or other retirement account to pay out-of-pocket costs associated with an unexpected serious illnesses or accidents. 20% have had difficulty paying a medical bill due to high medical costs. 9% have missed bill payments2 due to high medical costs. 17% have been contacted by a collection agency due to outstanding medical bills and/or had their credit score negatively impacted due to high medical costs. Source: 2015 Aflac WorkForces Report, conducted in Jan. 2015 by Research Now on behalf of Aflac. 1 Includes those who completely, strongly and somewhat agree. 2 Includes car, credit card and/or rent/mortgage payments. Z150335 American Family Life Assurance Company of Columbus 4/15