What's the optimum number of voluntaryproducts to offer in an enrollment? That's been a recurringquestion over the years.
There's no simple answer to the question. Some of the elementswe need to balance—notably available enrollment meeting time,enrollment conditions and timing, employee brain bandwidth, and theamount of information required to help employees make gooddecisions—make it impossible to have a single strategy. Simplequestions usually have complicated answers.
One strategy is to recommend a full portfolio of voluntaryproducts be built over a multi-year period.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
