CONNECTION INSURANCE AGENCY
Employees Need Benefit Assistance
Do your employees understand your benefits? If not, you are not alone.
A study performed by the International Foundation of Employee Benefit Plans highlighted a void that exists in Employee Benefits. That void: Communication
-Only 19% of employers report that their employees have a “high level” of understanding of their benefits.
-80% of employers state that their employees don’t even read the benefits collateral.
-Approximately 50% of employees don’t understand the employee benefits materials.
With continued increases to the cost of healthcare, employers changing insurance carriers, changes in benefits, and implementation of consumer-driven health plans, communication is critical. In fact, 65% of employers say employee education is a high priority and 40% of employers now have a budget focused solely on employee benefits.
There is simply too much at risk for employees not to understand their benefits.
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Our mission is to provide our partners with a single point of service for all their workplace benefit needs.