Among the top 15 companies in the market, there was a mixture ofresults.
As a group:

|

2.6% sales decrease for the top 15.

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6 of the top 15 had increases—four haddouble-digit increases.

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6 more of the top 15 had decreases

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3 were flat as compared to 2009.
– Bonnie Brazzell, Eastbridge Consulting Group

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5% Decrease in voluntary sales for the numberone carrier (with a 26 percent market share) from 2009 to 2010.

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$154,000,000 estimated drop in voluntary sales,2009 to 2010

|

80% of employers say they are interested inusing voluntary worksite benefits because these plans carry nodirect cost to the business.

|

2/3 of employers say they offer voluntarybenefits because it is more affordable for their employees than ifthey purchased coverage on their own.

|

“Compared with 2002, nearly all products are more readilyavailable today at mid-sized firms (100-999 employees).”
- Ron Neyer, LIMRA

|

Wasted Youth
Two in three employers believe a major medical plan is lessimportant to employees under age 40.

|

Less than a quarter of employers believe life insurance is trulyvaluable to younger workers.

|

Good news part 1
Overall voluntary benefits penetration improved across the boardduring the recession.

|

Good news part 2
Differences in sales between national regions have diminished asgreater employer awareness of voluntary worksite programs increasedemployer participation.

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Half of employers not offering (but aware of)voluntary benefits are receptive to purchasing voluntaryproducts.

|

More than 4 in 10 businesses are consideringadding a new voluntary benefit with the next two years.

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