It’s clear there is a disconnect between the benefits employees should consider during their workplace benefits enrollments and the reality of what they choose, especially when it comes to the younger generation — millennials. In fact, according to the 2016 Aflac Open Enrollment Survey, 24 percent of millennials did not think they spent enough time researching their health insurance options last year, which resulted in 69 percent of these millennials admitting they wasted money due to their benefits decisions.
However, one of the most important annual financial decisions employees can make is choosing workplace benefits. Given the importance of benefits to an individual’s overall financial health, helping the process run more smoothly could be an important difference for millennials and their financial futures.
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