Eastbridge Consulting Group, Avon, Conn., found an increasedconfidence in the future of the voluntary industry in its recentsurvey Voluntary Industry Confidence Index. In fact, 82 percent ofrespondents anticipate employee enthusiasm for voluntary productsto grow over the next year, compared to 71 percent of respondentsin 2009.

|

"We hope that our respondents are correct as they accuratelypredicted the downturn and are clearly resuming their prerecessionoptimism," says Gil Lowerre, president of Eastbridge.

|

For this survey, the overall mean was 4.03 and is the highestmean yet. Nearly three out of 10 respondents expect employees to be"much more" enthusiastic about voluntary products, which is asignificant driving force in this study.

|

The semi-annual Voluntary Industry Confidence Index studyincludes responses from active carriers, brokers and vendors. Theindex is a single number that evaluates the present results to abaseline measure. The first Voluntary Industry Confidence Indexsurvey was completed in December of 2005, which serves as its baseyear.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.