Study reveals that 60% of workers are burned out
JACKSON, Tenn. — Is work stressing you out to the point it is impacting your physical and mental well-being? If so, you may be experiencing ‘worker burnout.’
A new survey reveals burnout in the workplace is on the rise and why two-thirds of workers are reaching a tipping point.
A recent Aflac workforces report finds that 60% of workers are feeling burnt out, in addition to workers experiencing financial stress associated with the rising costs of healthcare.
The report shows the average person would be taken out financially if they were to be hit with a $1,000 medical bill. Younger people are being told they need preventive screenings sooner, like colonoscopies and mammograms. This has younger employees concerned with what to do if diagnosed with a major medical illness.
“There’s a lot of diseases being diagnosed younger and younger, but here is the problem: many workers who are younger don’t even understand the cost associated with that type of diagnosis,” said Patrice Washington, financial expert and author of ‘Real Money Answers.’
The study shows 76% of employees think that if they were diagnosed with a major medical illness it would cost around $2,000, out of pocket. According to the the National Cancer Institute, if diagnosed with cancer, the out-of-pocket costs could total more than $40,000 within a 12 month period. Financial experts argue there is a disconnect between employers and employees.
Some employers offer health package and benefits but it’s only talked about during open enrollment season.
“So if they really want to support their employees, you would see more employers talking about this year-round, like making a year-round campaign around making sure that people know what benefits they have and know how they can take care of themselves mentally and physically,” said Washington.
Experts also suggest workers enroll in supplemental insurance, an additional insurance plan that helps pay for health care costs that are not covered by a person’s regular health insurance plan.
Open enrollment starts November 1. It’s the first day workers can enroll, renew, or change health plans for the coming year.
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