Aflac Inc Stock Price, News & Analysis

On June 25, 2024, Aflac partnered with Hall of Fame athlete and University of Colorado Boulder Head Football Coach Deion "Coach Prime" Sanders to distribute My Special Aflac Ducks at Children's Hospital Colorado. The social robotic duck aims to comfort pediatric patients with cancer and sickle cell disease by helping them prepare for medical procedures and practice distraction techniques. Designed in collaboration with over 100 children, families, and medical professionals, these ducks have been clinically proven to reduce anxiety and distress. Since its launch in 2018, Aflac has distributed nearly 31,000 ducks worldwide. The event featured a scavenger hunt, bringing joy to the young patients, and highlighted Aflac's continued commitment to supporting pediatric cancer and blood disorder treatments with over $182 million in contributions since 1995.

Aflac has demonstrated a strong commitment to corporate social responsibility through significant community engagement. In 2023, Aflac employees volunteered a total of 10,000 hours, aiding various community programs and initiatives. This effort highlights the company's dedication to social impact and employee involvement beyond traditional business operations. Aflac's culture of caring extends to its employees, policyholders, and the broader communities where it operates.

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Aflac partnered with TV personality Adamari López to bring a soccer-themed event to pediatric patients at Nicklaus Children's Hospital, marking their second consecutive year of collaboration. This initiative aims to provide joy and interactive activities for patients, supporting Aflac's ongoing mission to assist communities affected by cancer and blood disorders.

The event featured various stations for designing soccer pennants, enjoying treats, and exploring different countries participating in an upcoming soccer tournament. Aflac also highlighted findings from its Wellness Matters Survey, noting that 79% of Hispanics are likely to attend routine medical checkups if encouraged by loved ones. This initiative extends Aflac's long-standing support for pediatric cancer and blood disorder research, with over $182 million donated since 1995.

NORTHAMPTON, MA, June 12, 2024 — Aflac has released a press statement offering valuable advice to new college graduates entering the workforce. Virgil Miller, Aflac U.S. President, emphasizes the importance of teamwork for company success. Jeri Hawthorne, Senior VP and Chief HR Officer, advises those pursuing HR careers to start in recruiting for a comprehensive understanding of the business. Sheila Anderson, Chief Information Officer, encourages STEM aspirants, especially women, to seize learning opportunities and take the first step in their careers. Graduates are also reminded to carefully review and select their job benefits as they settle into their new roles.

On June 5, 2024, Aflac sponsored a 'Celebration of Courage' event in partnership with Beads of Courage at the Aflac Cancer and Blood Disorders Center of Children's Healthcare of Atlanta. The event aimed to uplift pediatric patients and their families by allowing them to create bead necklaces symbolizing their treatment milestones. Notable beads included the Aflac Wingman Bead and the My Special Aflac Duck® Bead. Aflac volunteers from Columbus participated, assisting patients like five-year-olds Charlie and Dewey in crafting their bead collections. The event was a free, heartwarming initiative that emphasized courage and positivity.

Aflac, a U.S. leader in supplemental and group insurance, has partnered with Empathy to offer on-demand loss support services beginning July 1. This initiative aims to assist beneficiaries and insureds under Aflac's Group Life, Absence, and Disability Solutions with grief management and administrative challenges after a loved one’s death. Key features include confidential grief support, bereavement concierge, estate administration, identity theft protection, funeral assistance, and a secure digital document vault. These services align with Aflac's commitment to providing comprehensive care and value to its customers.

Aflac's Chief Human Resources Officer, Jeri Hawthorne, highlights the importance of mental wellness at work. Based on her personal experiences, she emphasizes the need for a balanced life, as confirmed by the recent Aflac WorkForces Report which shows 74% of American workers are stressed, and 57% face moderate levels of burnout. Hawthorne advises assessing one's work-life balance using a 'button' analogy and encourages employees to utilize available benefits, understand stress limits, take paid time off, and get regular health checkups. This approach aims to foster a healthier and more productive work environment.

On May 28, 2024, Clemson University Head Football Coach Dabo Swinney and Aflac U.S. President Virgil Miller distributed My Special Aflac Ducks at Prisma Health Children's Hospital-Upstate, aiding 17 pediatric cancer and sickle cell patients. The event, part of the lead-up to the 2024 Aflac Kickoff Game against the Georgia Bulldogs, highlighted Aflac's commitment to supporting children with serious illnesses. Since 2018, over 30,000 animatronic ducks have been donated, helping reduce distress and anxiety during treatments. My Special Aflac Duck has earned accolades, including a spot on Time Magazine's 50 Best Inventions.

Aflac has announced a strategic partnership with Nayya to enhance the claims experience for customers of its supplemental health insurance. This partnership will use Nayya's data analytics and advanced algorithms to improve how employees access their benefits. Nayya will integrate medical claims data with Aflac's supplemental health plans for select employers, aiming to increase benefits utilization and account retention. The 2023-2024 Aflac WorkForces Report highlights that nearly 50% of employees can't cover over $1,000 in unexpected medical costs. Aflac sees this partnership as a way to ease financial burdens and improve customer satisfaction.