More workers are opting for voluntary benefits, but that doesn't mean they really know what they're buying, according to Unum's latest consumer survey on employee benefits.
Market research firm Dynata polled 1,512 full-time U.S. workers and found that for those who are offered voluntary benefits by their employer, a majority of the respondents had elected most of the benefits for 2019 and a majority are planning on doing so next year (only one voluntary benefit, critical illness insurance, had less than a majority (45 percent) who had either enrolled or are considering it for 2020, though 52 percent of millennials are currently enrolled in the benefit.
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