Chamber hears about AFLAC opportunities
By Alberta Stojkovic –
AFLAC representative, Mark Schaeufele spoke at the Chamber’s November meeting about the health insurance company’s policies for groups and businesses. Schaeufele gave a brief history of the company, which began with the door-to-door selling of cancer policies in 1955. The company has become well known in recent years for its ad campaign with the AFLAC duck.
Schaeufele emphasized that there is no cost to businesses or organizations who sign on with AFLAC since the employees’ policies are paid for by payroll deductions. The policies are a supplement to health insurance policies. Although there are a number of different types of policies, the primary one purchased is for hospitalization. It fills in the gaps in major medical and puts money directly into the insured person’s pocket when they are unable to work.
Schaeufele pointed out that 60% of bankruptcies are due to catastrophic medical bills and 77% of those bankruptcies already have medical insurance. The claims dollars from AFLAC go directly to the client for whatever is needed by them.
As well as being no cost to a business, Schaeufele said AFLAC helps attract and retain employees, offers potential tax savings, compliments existing benefits and is easy to administer. The most popular polices written are the accident policy, short term disability and cancer/specified disease policy. The average payout on the cancer policy is over $400,000. Other policies include dental, vision, life, critical illness and disability.
During the discussion period after Schaeufele’s talk, several organizations and businesses said they already had AFLAC for their employees and vouched for the advantages of the supplemental insurance.
Chamber of Commerce President, Dan Boysel, asked members to mark their calendars for several December events. Business After Hours will be on Wed. Dec. 5th at Hospice of Morrow County from 5 to 6:30 p.m. The Christmas Festival will be held on Sat. Dec. 8th in Downtown Mount Gilead. The Theme for the Christmas Festival this year is “Have a Magical Christmas”.
The next Chamber noon luncheon will be on Tues. Dec. 18, 2012 at Cornerstone Restaurant in Mount Gilead from noon to 1 p.m. The speaker will be Nicole Workman from Marion Technical College.