Over a third of brokers expect COVID-19 to increase employer enthusiasm for voluntary benefits, finds Eastbridgea??s latest Frontlinea?? Report

AVON, Conn., May 21, 2020 (GLOBE NEWSWIRE) -- When asked whether COVID-19 will have a positive or negative impact on employer enthusiasm for voluntary benefits over the next 12 months, 39% of brokers surveyed in Eastbridgea??s latest study, Broker Perspectives on the COVID-19 Pandemic and Voluntary, believe employers will be more enthusiastic.
At the same time, brokers share a variety of concerns regarding the impact that the COVID-19 pandemic will have on their voluntary business. Seventy-one percent of brokers expressed concern around a potential for reduced enrollment volume. Almost half of brokers feel COVID-19 will negatively impact voluntary enrollment participation. A A Brokers also shared their opinions on expected impacts to their ability to meet revenue targets, planned changes to voluntary enrollment plans, desired product modifications/plan offerings from carriers, and satisfaction with carrier responses to COVID-19.Broker Perspectives on the COVID-19 Pandemic and Voluntary is an Eastbridge Frontlinea?? Report. Eastbridge Information Partnersa?? as well as survey participants receive the Frontlinea?? Report free of charge. For more information regarding the Information Partnera?? program or about Eastbridge reports, email the company at, visit the website at www.eastbridge.comor call (860) 676-9633.EastbridgeA Consulting Group, Inc. is a marketing advisory firm serving companies focused on the voluntary/worksite benefits market in the United States andA Canada.A 
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