In addition to
the three sales divisions, the redrawn CPI map illustrates areas of the country
targeted for new consulting offices: Houston, Philadelphia, North and South
Carolina, Michigan and Indiana.
“Our
comprehensive array of retirement plan programs and our focus on helping
employees achieve a successful retirement has positioned us to expand the
number of our regional offices to 21 by the end of 2013. The divisional
structure enhances our ability to respond to CPI’s growth and provide better
service to all of our clients,” CPI’s president Jon Prescott stated.
Only 16% of employees feel confident they are not making
mistakes during the enrollment process, the 2012 Open Enrollment Survey of the
Aflac WorkForces Report (AWR) found. More than six in 10 workers surveyed (61%)
are only sometimes or not at all aware of changes to their policies each year,
and 89% say they simply elect the same benefits options every year.
Nearly half (47%) rarely or never exceed deductible costs,
and only 16% contribute the right amount to flexible spending
accounts.
While many American employers surveyed feel they are
adequately educating their workers about benefits options, employees disagree.
The survey found nearly two-thirds (65%) of employees feel they are only
somewhat prepared or not prepared for open enrollment.
Forty-nine percent of employers say
they communicate very to extremely effectively with their workers about company
benefits. More than half of workers (52%) say their company has not
communicated with them at all about the open enrollment process.
(Cont...)
Half of employees indicated they would feel more informed
about health insurance choices if they sat down with an insurance consultant
during enrollment, and 47% typically look to resources other than HR/benefits
professionals for advice about their benefits.
In addition to confusion related to the open enrollment
process, rising health care costs remain top-of-mind among employees.
Forty-three percent identified rising out-of-pocket medical expenses and health
insurance costs as the most important issues to them right now. Nearly four in
10 (38%) say they are very or extremely concerned about the possibility of an
unanticipated medical expense.
Many Americans have made changes in their everyday lives to
meet the high cost of unexpected out-of-pocket medical expenses. Forty percent
cut back on social activities, 28% say they have been unable to take a vacation
and 22% have had to work more hours.