To help provide relief for California policyholders residing in Ventura and San Diego Counties affected by the winter storms, Aflac will provide a premium grace period starting Jan. 22, 2024, and ending Mar. 25, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder
To help provide relief for California policyholders residing in Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, and Ventura Counties affected by the winter storms, Aflac will provide a premium grace period starting Feb. 3, 2024, and ending Apr. 4, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder.
To help provide relief for California policyholders residing in Alameda, Butte, Glenn, Lake, Mendocino, Monterey, Sacramento, San Francisco, Santa Cruz, Sonoma, and Sutter Counties affected by the winter storms, Aflac will provide a premium grace period starting Feb. 3, 2024, and ending May 21, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder.
On Feb. 21, 2024, the cyber event reported by Change Healthcare, a company that assists healthcare providers with claims submissions and payments, has created a significant impact to health care providers, including hospitals, individual practitioners, practice groups, diagnostic centers, laboratories, and pharmacies. We have determined Aflac’s primary operations are not impacted. Further, Aflac and its subsidiaries do not have any direct connection to Change Healthcare systems in any of Aflac’s systems or applications. At this time, we are not aware of any impact to customer data but we are monitoring for any communications from our critical third-party suppliers. While Change Healthcare’s cyber event was not directed at Aflac, we will provide flexibility with claims submissions related to this incident should it be needed. If you believe you have a claim impacted by Change Healthcare’s event, please contact Aflac at 800-992-3522.
Company ranks No. 1 in industry for second consecutive year in Long-term Investment category
COLUMBUS, Ga., Feb. 6, 2024 /PRNewswire/ -- Aflac Incorporated has been named to Fortune Magazine's list of World's Most Admired Companies for the 23rd time, ranking No. 1 in the Insurance: Life and Health category as a long-term investment for the second consecutive year. Fortune unveiled its annual list following a survey of executives, directors and analysts who analyze companies within their own industry. Survey respondents provide opinions related to nine criteria, including how companies size up on investment value, quality of management, social responsibility, innovation and more. A company's score must rank in the top half of its industry to hold a place on this list.
"We are extremely grateful that Aflac has once again been named to the prestigious Fortune World's Most Admired Companies list for the 23rd time and that we are ranked No.1 in the long-term investment category within our industry," said Aflac Incorporated Chairman, CEO and President Dan Amos. "I believe people invest in Aflac for the long-term because they know the quality of our products and services and because of our careful approach to ensuring shareholder value."
Aflac recently reported that 2023 marked the 41st consecutive year it has increased its dividend to shareholders, demonstrating remarkable stewardship and efficient management of company resources.
Amos is among the longest tenured CEO in the Fortune 500. In his 34 years at the helm, he has stewarded incredible financial results, including increasing Aflac Incorporated's stock price from 95 cents per share in 1990 to its current value, exceeding $76 per share, with a market cap of $44.2 billion. Additionally, the company's total shareholder return — including reinvested cash dividends — was 15,446.9% as of the end of 2023.
Learn more about the Fortune World's Most Admired list at www.fortune.com/worlds-most-admired-companies.
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL), a Fortune 500 company, has helped provide financial protection and peace of mind for more than 68 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan. In the U.S., Aflac is the No. 1 provider of supplemental health insurance products.1 In Japan, Aflac Life Insurance Japan is the leading provider of cancer and medical insurance in terms of policies in force. The company takes pride in being there for its policyholders when they need us most, as well as being included in 2023 in the World's Most Ethical Companies by Ethisphere for 17 consecutive years, Fortune's World's Most Admired Companies for 23 years and Bloomberg's Gender-Equality Index for the fourth consecutive year. In addition, the company became a signatory of the Principles for Responsible Investment (PRI) in 2021 and has been included in the Dow Jones Sustainability North America Index (2023) for 10 years. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/espanol. Investors may learn more about Aflac Incorporated and its commitment to corporate social responsibility and sustainability at investors.aflac.com under "Sustainability."
1 LIMRA 2022 U.S. Supplemental Health Insurance Total Market Report
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
Media contact – Jon Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact – David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com
Aflac | Aflac New York | WWHQ | 1932 Wynnton Road | Columbus, GA 31999
SOURCE Aflac
