Voluntary Participation Rates Report
Cost: $1,000; published 2010
Enrollments are key to the success of a voluntary case. Simply, if employees do not participate in the coverage, all efforts to sell the plan to the employer and employee are for naught. But at what point would an enrollment be considered successful? What percentage of employees would need to participate?
Eastbridge’s Voluntary Participation Rates report provides comparative data on the participation rates experienced by voluntary carriers. The study provides data on:
- Overall voluntary participation rates
- Participation rates by product line
- Any differences by product platform
- Participation rates by group size
- Participation rates by enrollment methodology
- Number of products enrolled
- Variations in rates based on enrolling voluntary and core
- Participation levels after the initial enrollment
View Table of Contents
1. Executive Summary
A. Introduction
B. Methodology
C. Key Findings
D. Recommendations
2. Detailed Findings
A. Voluntary Products
B. Group vs Individual
C. Level of Measuring Participation
D. Overall Participation
E. Participation by Size Group
F. Participation by Product
G. Individual vs Group Product Participation Levels
H. Participation with Core
I. Participation by Enrollment Method
J. Number of Products Enrolled
K. Subsequent Enrollments
L. Penetration by Year
M. When an Account is Considered at Max
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