2017 Cigna 360 degree Well-being Survey -- Positive Aspects of Working Overseas Often Overshadowed by Health and Financial concerns
2017 Cigna 360 degree Well-being Survey -- Positive Aspects of Working Overseas Often Overshadowed by Health and Financial concerns
PR69462
HONG KONG, July 27, 2017 /PRNewswire=KYODO JBN/ --
- Globally mobile individuals perceive themselves as worse-off than individuals
who reside in their home country and have not taken overseas assignments
- Family time and support are major concerns
- Many worry about the financial consequence and availability of medical care
in the event of major illness -- 40 percent have no company medical benefits at
all
Cigna Corporation (NYSE:CI) released today the results of its 2017 Cigna 360
degree Well-being Survey - Globally Mobile Individuals (
https://www.cigna.com.hk/iwov-resources/docs/en/about-cigna/news/Cigna_360_GMI_Report.pdf).The
findings reveal that people working overseas generally perceive themselves as
worse-off compared to individuals who reside in their home country and have not
taken overseas assignments, when it comes to their physical, social, family and
even financial well-being.
Overall, the well-being index score for globally mobile individuals is 61.5
points, which is 1.8 points lower than their domestic counterparts. The most
significant gap is in family well-being, which is 9.4 points lower.
"The results show that globally mobile individuals are more concerned than the
general working population about their own health and well-being, and that of
their families," said Jason Sadler, President, Cigna International Markets.
"Without exception, this group is worried about the consequences of personal or
family member illness; an issue compounded by a gap in health benefits provided
by their employers. Cigna has a long history of supporting globally mobile
individuals. We conduct this research to help us continually improve the range
of health benefits and wellness solutions we offer them around the world."
This survey follows the publication of the 2017 Cigna 360 degree Well-being
Survey (
https://www.cigna.com.hk/iwov-resources/docs/en/about-cigna/news/Cigna360Well-being_Survey2017.pdf)
in April, which looked at five underlying trends that affect the health,
well-being and sense of security of people around the world. In this study,
Cigna examined the perceptions of globally mobile individuals living and
working in 20 markets about their outlook on the same trends - physical,
financial, social, family and work health.
The bright side of being globally mobile
International exposure is a significant draw to working overseas. Globally
mobile individuals highlighted the opportunity to accumulate wealth, better
career prospects, good working hours and positive relationships with co-workers
as bright aspects of their experience.
But there are also challenges
While individuals have the opportunity to accumulate wealth while working
overseas, only a third of respondents considered their current financial
situation satisfactory. Lack of time spent with their family and their
children's education are other concerns; exacerbated by not having a family
support network around them.
Globally mobile individuals often experience anxiety and all respondents are
concerned about illness. Cancer and accidents are their main worries, followed
by mental illness, such as depression. Twenty-five percent of globally mobile
individuals raised concerns about diseases associated with alcohol;
significantly more so than the general working population.
Safety concerns and long-distance loneliness
Globally mobile individuals feel the world looks less secure due to political
turmoil and other macro-economic factors. One-third of respondents feel less
safe than they did 24 months ago. This sense of insecurity was highest in the
U.S., with 42 percent of respondents feeling less safe, and in Africa, where 31
percent have an issue with their safety.
Many respondents also report having problems socialising outside of work.
One-fifth suffer from loneliness, which increases to nearly one quarter for
those who are single or live alone.
Minding the gap
A significant gap in health insurance coverage may contribute to elevated
levels of concern.
"The survey shows health benefits are a very important factor when deciding to
take an overseas posting," said Mr. Sadler. "Despite this, there is a
significant gap. A surprising 40 percent of respondents do not have any medical
benefits offered by their company, and 15 percent have no health coverage at
all.
"There is a clear need for employers to pay attention to the health and
well-being of their globally mobile employees. This duty of care should extend
outside of the office when employers are interacting with their families and
the local community."
Media contacts
Sabrina Cheung
Head of Business Communications
Cigna International Markets
sabrina.cheung@cigna.com
Tel: +852 2297 5178
Gareth Ingham
Associate Director, Business Communications
Cigna International Markets
gareth.ingham@Cigna.com
Tel: +852 2297 5184
About the Research
A total of 2,003 online interviews were conducted with globally mobile
individuals aged 25-59 who are working in markets outside of their birthplace
across 20 markets in Asia Pacific, Europe, Middle East, Africa and the United
States.
About Cigna
Cigna Corporation (NYSE:CI) is a global health service company dedicated to
helping people improve their health, well-being and sense of security. All
products and services are provided exclusively by or through operating
subsidiaries of Cigna Corporation, including Connecticut General Life Insurance
Company, Cigna Health and Life Insurance Company, Life Insurance Company of
North America and Cigna Life Insurance Company of New York. Such products and
services include an integrated suite of health services, such as medical,
dental, behavioral health, pharmacy, vision, supplemental benefits, and other
related products including group life, accident and disability insurance. Cigna
maintains sales capability in 30 countries and jurisdictions, and has more than
95 million customer relationships throughout the world.
SOURCE Cigna Corporation
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