LITTLE ROCK, Arkansas,
April 21, 2014 /PRNewswire/ --
In today's fast-changing health care landscape, voluntary
products are changing the employee benefits game. Sixty-five
percent of employees say it is important that their employer offer
these products. However, 47 percent of employees surveyed have not
been offered an additional voluntary product since health care
reform was implemented in 2010. These statistics were derived from
an online nationwide survey recorded by Harris Interactive on
behalf of Transamerica Employee Benefits (TEB), a marketing unit of
Transamerica Life Insurance Company.
The survey results are a part of a new white paper by TEB
entitled "Game Changer: How Voluntary Benefits Give You the
Advantage in Today's Health Care Reform World." It is the
first in TEB's "The Benefits of Choice" series that explores the
role of voluntary products today with the ongoing implementation of
health care reform. The paper also identifies which types of
insurance are essential components of an employee's overall
compensation package and how these offerings help employers meet
their HR objectives.
"Employee benefits are one of the most important factors in
recruiting and retaining good employees. A robust package that
includes voluntary products helps employers acquire and retain a
talented, productive workforce," said Randy
Clarkson, president of Transamerica Employee Benefits. "This
is especially true now with the diverse needs of employees."
Additional survey results show respondents' engagement in
voluntary products and their desire to purchase them.
- Nearly two-thirds of respondents (62 percent) said they are at
least somewhat likely to purchase voluntary products in order to
make sure they and their family have the right choices for their
health care situation.
- Sixty-four percent of respondents said their knowledge of
voluntary products is about the same as it was three years
ago.
- Employees consider price, need and fear of inadequate coverage
as most important when purchasing voluntary products.
- Nearly one-half (46 percent) of respondents say it is likely or
very likely that they would remain at their current employer
primarily due to the voluntary products package offered.
- Lastly, respondents were asked how they would like to receive
information about their benefits from their employer. The top three
responses were email (54 percent); employer internet/intranet site
(29 percent) and one-on-one meetings (27 percent).
A free copy of the white paper is available for download at the
Transamerica Employee Benefits website
http://www.transamericabenefits.com.
About Transamerica Employee Benefits
Transamerica Employee Benefits is a business unit of
Transamerica Life Insurance Company. At Transamerica, we help our
customers Transform Tomorrow®. Insurance products and
services are issued by Transamerica Life Insurance Company,
Cedar Rapids, IA, and its
affiliates.
With more than a century of experience, Transamerica has built
its reputation on solid management, sound decisions and consumer
confidence. For more information, visit
http://www.transamerica.com.
Survey Methodology
A nationwide survey of 2,028 U.S. adults employed full-time by
companies who provide employee benefits was conducted online
October 7-9, 2013 by Harris
Interactive® on behalf of Transamerica Employee Benefits. The
purpose of the survey was to gain a greater understanding of
knowledge of and likelihood to purchase voluntary benefits by those
who are employed full-time and whose employers provide employee
benefits such as health insurance and life insurance. For complete
survey methodology, including weighting variables, please contact
Jeff Caldwell at Transamerica
Employee Benefits at Jeff.Caldwell@Transamerica.com.
Contact: Jeff Caldwell,
Marketing Director, Transamerica Employee Benefits, +1-800-400-3042
ext. 1271151, Jeff.Caldwell@Transamerica.com
SOURCE Aegon N.V.