(Vocus) March 2, 2009
Securian announced the results of the Tooth Fairy Poll(SM), which reports a decrease in the current average "gift" U.S. children receive from the Tooth Fairy. The average of $1.88 per tooth is down from last year's gift of $2.09 - a 10 percent decrease.
"It seems the Tooth Fairy's not immune to the economy - but she still did much better than the stock market," explains Dani Fjelstad, chief financial officer for DeCare Dental, administrator for Securian Dental plans. "Compared to the Tooth Fairy's 10 percent decrease, the Dow Jones decreased 32 percent over the same measurement period and global indices performed even worse."
Tooth Fairy gift amounts range from a low of five cents to a high of $40 per tooth. The downward trend in Tooth Fairy gifts appears to be driven by a decrease in the number of five-dollar gifts and an increase in one dollar gifts.
THE SURVEY SAYS…
According to the Tooth Fairy Poll, which goes out to a sampling of commercially insured members:
About DeCare Dental
With a 40-year track record of proven success, DeCare Dental is a leading dental benefits management group that oversees more than $1 billion in managed revenues through ten of the nation's leading dental insurance brands. DeCare Dental serves 4 million individuals in 22,000 employer groups including Fortune 500 corporations, small businesses, non-profits and government entities in the United States and overseas. For more information, visit http://www.decare.com.
MEDIA CONTACT:
Heather Hofmeister
(651) 994-5210
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