DES MOINES, Iowa, Nov. 7, 2013 /PRNewswire/ -- New research from ARAG®, a global provider of legal solutions, demonstrates the return on investment plan administrators can expect when they offer a legal plan – a plus for employers looking to boost their benefits offering without taking on substantial cost.
"Nearly 60 percent of clients believe their benefit offering is more innovative than other employers because of legal," said David Murray, President and CEO of ARAG. "ARAG's research demonstrates that legal plans reduce stress which in turn positively impacts the health of Americans and the bottom line of U.S. employers."
The ARAG study titled, "An HR Professional's Return on Investment in an ARAG Legal Plan," looked at monthly customer satisfaction surveys, ARAG's 2012 Annual Client Satisfaction survey, responses from recently implemented clients and research conducted by Russell Research and ARAG in 2013 (and presented in ARAG's De-Stress Zone white paper). The research showed:
- 92 percent of new clients report that implementing an ARAG legal plan is easy.
- 85 percent say an ARAG legal plan takes less time to implement than other benefits.
- Each employee with an ARAG legal plan saves an average of $2,300 per legal issue and spends six fewer hours dealing with their situation.
- 87 percent of employees with an ARAG legal plan feel less stressed because they have the plan.
ARAG® (www.ARAGgroup.com) provides affordable legal solutions through trusted service to help people protect what matters most. ARAG is a world leader in legal protection services. The company has an international premium base of nearly $2 billion and protects 15.5 million individuals and their families.
ARAG's North American headquarters are based in Des Moines, Iowa. We are committed to providing our customers a choice of legal solutions to help them live a life full of opportunities. We demonstrate expertise, integrity and passion in everything we do to serve our customers and make a positive difference in our community. We are proud to sponsor ARAG Free Will Day, providing low and middle income citizens with free access to attorneys for the creation of important legal documents to protect their family, finances and future.
In honor of ARAG's outstanding customer service, we've earned both a Top 100 Call Center title (2011-12) and the prestigious Center of Excellence Award for an unprecedented six years (2007-2012). Additionally, ARAG is recognized as a Best Places to Work in Insurance (2009-2012) by Business Insurance Magazine. This esteemed honor is based on workplace culture and employee feedback. For more news and information about ARAG, visit ARAGgroup.com.
Jen Harken, Corporate Communications Manager