Sure, consumers increasingly say they want voluntary benefits. But most aren't being offered at work, which is an important indicator for enrollment — and employee satisfaction.

So says Transamerica Employee Benefits, whose latest study found that 65 percent of employees say it's important their employer offer these products. But 47 percent of employees surveyed said they haven't been offered an additional voluntary product since the Patient Protection and Affordable Care Act became law in 2010.

The findings are evidence that there's a missing voluntary opportunity for both brokers and employers, especially with PPACA in place, Transamerica executives say.

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

© 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.