Americans Financially Unprepared To Handle Unexpected Health Issues
The 2012 Aflac WorkForces Report revealed six out of 10 workers (62%) think it’s not very or not at all likely they or a family member will be diagnosed with a serious illness like cancer, and more than half (55%) said they were not very or not at all likely to be diagnosed with a chronic illness, such as heart disease or diabetes.
These key findings are from a national study released recently, analyzing forces impacting the trends, attitudes, and use of employee benefits. The 2012 Aflac WorkForces Report is an online survey of nearly 1,900 benefits decision-makers and more than 6,100 U.S. workers, conducted in January and February 2012 by Research Now and released by Aflac, the No. 1 provider of supplemental and guaranteed-renewable insurance in the United States.
Despite optimism about their physical health, the study reveals that American workers also are concerned about their financial health, and many admit they are unprepared to handle the financial consequences of a serious illness or accident in their family.