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QUINSTREET, INC.

(QNST)
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QuinStreet : Insure.com Survey Explores Link Between Health Care Coverage and Employee Recruitment and Retention

11/30/2021 | 12:01pm EST

67% of respondents say insurance plans factor into the decision to accept job offers

Foster City, CA - November 30, 2021 - In a challenging environment for attracting and retaining good talent, a recent Insure.com survey finds that health insurance plans are particularly important. In a survey of 1,000 people, 67% report that the quality of a company's health care plan contributes to their decision to accept a job offer or to stay at an organization. The most important factors they consider when evaluating plans are low premiums and breadth of services.

Find the entire report: Open enrollment survey: Company's health care critical for employee retention and recruitment

Although 76% of people say they are happy with their employer-sponsored health plan, compared to 17% who aren't, there are still several insurance plan pain points:

  • Premiums (30%)
  • Prescription drugs (28%)
  • Deductibles (19%)
  • Doctor visits (14%)
  • Hospital visits (9%)

To evaluate plans during open enrollment periods, people are most likely to:

  • Compare premiums and costs but that's about it (52%)
  • Go with the same plan without looking at other options (32%)
  • Dig through each plan option (16%)

Insure also reports on how consumers feel about short-term health plans and the correlation between salary level and insurance needs.

"Since health care costs have increased so much in recent years, it's not surprising that people want to explore their insurance options when deciding on whether or not to accept a position or stay at a job," notes Les Masterson, managing editor for Insure. "There's no one-size-fits-all solution to health care, so employees want more choices to find a plan that's right for their families."

Masterson is available to comment on this study's results and methodology and answer questions about how consumers can find the best insurance companies for their health care needs.

About Insure.com
Insure.com is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. Insure.com is a member of QuinStreet's expert research and publishing division.

For 35 years, Insure.com has served as a comprehensive consumer resource for insurance information, offering expert advice, articles, news, and tools about car, home, health, and life insurance. Consumers have access to free car insurance quotes and guidance on finding the right insurance policy, saving money and solving claims problems.

Twitter: @InsureCom
Facebook: https://www.facebook.com/Insure

Media Contact
Jacqueline Leppla
Senior Director of Public Relations
QuinStreet, Inc
Direct +1 775 321 3608
Email: jleppla@quinstreet.com
LinkedIn

Disclaimer

QuinStreet Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 17:00:05 UTC.


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Financials (USD)
Sales 2022 654 M - -
Net income 2022 21,5 M - -
Net Debt 2022 - - -
P/E ratio 2022 46,6x
Yield 2022 -
Capitalization 835 M 835 M -
Capi. / Sales 2022 1,28x
Capi. / Sales 2023 1,15x
Nbr of Employees 614
Free-Float 92,8%
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Douglas Valenti Chairman & Chief Executive Officer
Gregory Wong Chief Financial Officer
Nina Bhanap CTO, President-Product & Technology
Ashley Heller Marketing Manager
James R. Simons Independent Director
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