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Aflac (AFL) launches an enhanced version of its Individual Short-Term Disability product and extends mental health coverage to offer peace of mind to employees.
Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employees using the company's own funds. [1]
What Aflac mostly sells in the United States is supplemental insurance—disability or accident or dental or vision insurance that your employer might offer while you enroll in your annual benefits.
Aflac Incorporated / ˈ æ f l æ k / (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States. [3] It was founded in 1955 and is based in Columbus, Georgia .
Private disability insurance is sold on both a group and an individual basis. Policies may be designed to cover long-term disabilities (LTD coverage) or short-term disabilities (STD coverage). [143] Business owners can also purchase disability overhead insurance to cover the overhead expenses of their business while they are unable to work. [144]
Aflac is a family business and while part of the family may get you in the door, it won't keep you there. ... But it's supplemental, it's disability, it's accident insurance. Let's give people a ...
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