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Younger employees significantly less likely to enroll in vision plans
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Millennial and Gen Z employees are less likely to enroll in their companies’ vision plans, while all vision benefits enrollment remains high for all employees.
The Transitions Optical Employee Perceptions of Vision Benefits survey reported that 84% of Baby Boomer employees and 80% of Gen X employees are enrolled in a vision plan, but only 75% of Millennial employees and just 50% of Gen Z employees are enrolled, according to a press release from the company.
The survey concluded, however, that 96% of all employees, regardless of generation, would be more likely to use their benefits if they understood what their plan covered.
Other survey results include:
Six in 10 employees say full coverage of premium lens options or enhancement is important.
Early detection of serious health issues is a high motivator, especially to Baby Boomers (62%) and Gen X employees (57%).
Fifty-one percent of all employees are more likely to enroll in vision benefits if it helps provide early detection of eye diseases.
Saving on medical costs is an important motivator to 52% of employees.
Access to eye wear to boost productivity at work and to better enjoy free time were high motivators for 44% and 35% of employees, respectively.
Premium eye wear options are a major factor in enrollment, with eight in 10 employees saying they would be more likely to enroll or keep enrolling in a plan if these options were covered, according to the study.
“Bringing premium lens options into the discussion during the benefits enrollment period – and throughout the year – can be a powerful way to ensure more employees understand the value of vision benefits and are taking advantage of their company’s offerings,” Drew Smith, Transitions Optical North American channels director, said in a press release.