1. Employee Benefit Special Interest Group Survey Results May 2009

2. Survey Results Nearly 500 responses were received. More than 90 percent of respondents worked for either insurance organizations or consulting firms. Employer Type% Consulting Firm47% Insurance Organization44% Org. Serving Plan Sponsors5% Insurance Broker3% Org. Serving Insurance Industry3% Plan Sponsor2% Government – State2% Retired1% Government – Federal1% University/College0% Other3%

3. Survey Results Top 10 areas of interest are listed below. Some differences between insurance organization and consulting firm actuaries are highlighted. In the “Other” category (10 percent of total), group life was mentioned frequently. Area of InterestTotalIns OrgConsulting Medical76%67%85% Pharmacy67%55%78% Underwriting/Rate Setting57%59%55% Self-funded53%33%73% Managed Care52%50%54% Dental51%50%54% Postretirement/Postemployment45%18%72% Stop-Loss43%38%51% Data Warehousing/Analytics42%44%41% Disability39%40%

4. Survey Results Respondents focusing on nonmedical coverages were more likely to work for insurance organizations, rather than consulting firms.

5. Survey Results Top answers to “How can the SIG best support you?” are shown below. In the “Other” category (5 percent of total), research/data was frequently mentioned. TopicTotal News highlights pertaining to benefits actuaries67% Technical training – online66% Better selection of sessions at Annual/Spring Meetings62% Networking opportunities32% Online discussion groups29% Email listserv to ask questions and get feedback25%

6. Survey Results Employer-Sponsored and Conference of Consulting Actuaries meetings are a source of information to many respondents. RespondentsER-SponsoredCCA TOTAL70%35% Insurance Org.77%10% Consulting Firm66%56% Medical Focus72%39% Not Medical Focus61%23%

7. Survey Results We received a variety of write-in responses to “What other meetings are important to your work?” ASPPA/EA (8) Canadian Institute of Actuaries (8) SIIA (6) BCBS (5) CEBS (3) Other Business Group’s Program (2) Other Consultants’ Programs (17*) Other Industry Groups (13) Local Actuarial Orgs. (11) GUAA (11) AHIP (10) *JHA Dynamics of Disability (11)

8. Survey Results “What are the one or two most important things that the special interest group could do to help you?” I categorized responses as follows: Updates on current events and the marketplace (31%) Training/continuing education (30%) Catalog of resources (22%) Networking opportunities (14%) Nonmedical (esp. dental) (12%) Research (12%) Regulatory updates (10%) Data and assumptions (10%)

9. Survey Results We had a good number of volunteers – more than 80 The SIG may need to serve significant subgroups: –Employer medical – underwriting, self-funded, stop-loss –Post-retirement – medical, GASB, other –Nonmedical – dental, group life, worksite marketing –Other????