What's the optimum number of voluntary products to offer in an enrollment? That's been a recurring question over the years.

There's no simple answer to the question. Some of the elements we need to balance—notably available enrollment meeting time, enrollment conditions and timing, employee brain bandwidth, and the amount of information required to help employees make good decisions—make it impossible to have a single strategy. Simple questions usually have complicated answers. 

One strategy is to recommend a full portfolio of voluntary products be built over a multi-year period.

Recommended For You

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

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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
NOT FOR REPRINT

© 2025 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.