Hammering Home Americans' Need for Supplemental Insurance
By Virgil Miller
Originally publishhed on SmallBizDaily
Preparing for a wrench in your plan
At a time when people are investing financially in home upgrades, the last thing people need is another medical bill. In the U.S., 48% of employees say they can’t pay for an unexpected out-of-pocket expense of $1,000 or more without taking on debt, according to the 2020-2021 Aflac WorkForces Report.3
For business owners, who are busy with a variety of tasks, having a well-equipped benefits toolbox can help provide employees with added financial protection from the unexpected health expenses of injuries. Two helpful remedies are supplemental accident and hospital insurance plans, which can be offered at little to no cost to employers and help with expenses health insurance doesn’t cover.