American Workers Lack Knowledge of Healthcare Coverage Options

According to the 2013 Aflac WorkForces Report (AWR) 53% of American workers fear that they may not adequately manage their healthcare coverage. Not only have they been historically complacent, with 89 percent admitting they choose the same benefits year over year, but many don't understand the options provided to them.

·         32 percent are not very/not at all knowledgeable about health savings accounts (HSA)

·         Three out of four (76 percent) are not very/not at all knowledgeable about federal and state health care exchanges

·         Almost half (49 percent) are not very/not at all knowledgeable about health reimbursement accounts

·         25 percent are not very/not at all knowledgeable about flex spending accounts (FSA)

Source: Aflac