RFP_31786-00193_Appendix_7.26.xlsx

This appendix contains enrollment data for the State of Tennessee Department of Finance and Administration's voluntary Accidental Death and Dismemberment (AD&D) and Voluntary Term Life (VTL) insurance programs covering state government and higher education employees from 2018 through the second quarter of 2026. The voluntary AD&D program shows significant growth, with total annual lives increasing from 26,055 in 2018 to 55,909 in 2023, reaching 65,719 by Q2 2026. Beginning in 2023, the enrollment structure shifted from Single and Family classifications to more granular Spouse & Child, Spouse, and Child categories. The voluntary term life program demonstrates declining enrollment trends across most categories through 2022, with total life coverages declining from 32,469 lives in 2018 to 24,654 in 2023 before increasing to 25,369 by Q2 2026. Employee voluntary term life coverage decreased from 15,453 lives in 2018 to 12,132 in Q2 2026, while ported coverage consistently declined across all categories throughout the period, with total ported coverages falling from 4,256 lives in 2018 to 2,554 in Q2 2026.

The enrollment data demonstrates substantial variation in dependent coverage utilization, with spouse voluntary insurance ranging from 5,566 to 7,581 lives and voluntary child riders spanning 8,275 to 11,236 lives throughout the nine-year period. The AD&D program's expansion reflects program restructuring rather than enrollment decline, as the combined total for Spouse & Child, Spouse, and Child categories in 2023 (24,858 lives) represents growth compared to the previous Family category enrollment of 17,031 lives in 2022. Total combined insurance across all lines of coverage for both programs ranged from approximately 36,725 lives in 2018 to 29,535 lives in 2022, with recovery to 27,923 lives by Q2 2026, indicating stabilization following the previous decline trajectory.