Nearly Half of US Employees Never Feel Confident About Benefit Choices

Nearly half of U.S. employees say they have never felt confident about their benefit choices, a Lincoln Financial Group study finds.

The survey found employees struggled the most with non-medical insurance benefits, like disability, accident and critical illness insurance -- with 40 percent of employees reporting they know a lot about disability insurance and 23 percent saying they know a lot about critical illness insurance, which leaves the majority of employees knowing little or nothing about those benefits.

Lincoln’s survey found employees need help from their employers to understand their benefits - 87 percent say they are more likely to enroll in benefits if are familiar with them.

The survey also found 43 percent said they would like to speak to an advisor about their choices.