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Stock impact report

Maverick Advantage On How to Optimize Employer-Sponsored Insurance With a Net-Zero Cost to Employers [Yahoo! Finance]

Advantage Solutions Inc. - Class A (ADV) 
Company Research Source: Yahoo! Finance
The plan saves companies money and boosts income through tax breaks. Dallas, Texas, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Every employer would love to cherish their employees with the best benefits possible. It's not just good for employees, employer-sponsored insurance (ESI) helps recruitment decreases attrition , and has been shown to improve work culture. However, the rising costs of ESI have become prohibitive for both employers and workers. Health insurance premiums have risen above the rate of inflation , and have soared above wages. The Center for American Progress reports that even large employers find difficulty in obtaining fair prices from health systems. Healthcare is a $2.6 trillion industry for good reason: highly sought-after benefits packages cost large companies a monthly average of $446 per employee, while small companies must bear a monthly cost of $538 per employee. Many employers can no longer afford to pay for their employees' right to work in good health. Ther Show less Read more
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