Among the other findings:

Eighty-six percent of adults surveyed say their company offered health insurance, while 12% say their company does not offer health insurance and 2% were not sure.
One-third of respondents have only somewhat or no understanding of the health insurance benefits their company provides.
Seventeen percent say they have somewhat or no understanding of the difference between health insurance and life insurance benefits.
Nearly three-fourths say their company offers life insurance benefits, while 21 say their company does not and 8% were not sure.
Fourteen percent of respondents whose companies offer benefits do not know when their company's open enrollment period begins.
The largest group of respondents believe that less than 10% of their salary (40%) is a fair percentage to spend on benefits. The next-largest group says 10% to 20% was fair. Only 20% believed that spending more 20% of their salary on benefits was fair.
The largest group of respondents (25%) say they would like for their life insurance policy to pay out three to five years of their salary for their family to be financially secure. The next-largest group (17%) say six to eight years, but 7% say they wouldn't feel their family would be financially secure regardless of the payout

Instant Insights /

Employees often dread open enrollment, misunderstand benefit options, survey finds