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Stock impact report

Allstate Unveils Flexible Healthcare Solutions With Key Partnerships [Yahoo! Finance]

Jackson Financial Inc. Class A (JXN) 
Company Research Source: Yahoo! Finance
This collaboration introduces Individual Coverage Health Reimbursement Arrangements, offering businesses an innovative way to reimburse employees for individual health plans, tax-free. This move bodes well for Allstate Health Solutions as it will leverage QuickBooks' payroll subscription services, an efficient platform powered by Thatch, to simplify healthcare administration. Employees can select tailored plans within their employer's budget, and any leftover budget can be used for medical expenses. Customers using QuickBooks services can access ALL's Health Solutions group health insurance platform. ALL will be able to reach small and mid-sized businesses using QuickBooks payroll services, adding to its top-line growth in the future. Ambetter Health will also roll out a new product under this collaboration, Ambetter Health Solutions, in select states by 2025. Allstate's Health and Benefits business premium and contract charges improved 5.2% year over year to $487 million in the t Show less Read more
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