Covid-19 Pandemic Puts Focus on Health Benefits Enrollment Season
by Tamara E. Holmes
Oct 12, 2020 9:40 AM ET
Campaign:
Duckprints in the Workplace
Originally published on Yahoo Finance
Every year, workers make changes to their benefits options during open enrollment season. But this time around, the COVID-19 pandemic had raised the importance of the annual process.
In a typical open enrollment period, 92% of employees select the same benefits as they did the previous year, and they spend, on average, 33 minutes to complete the task. However, a new survey by supplemental insurance provider Aflac shows that this year, nearly half (49%) plan to spend more time researching their health insurance options because of the pandemic.