MSA and EAP Industry Leader Achieved 57% Reduction in Financial Stress
Roseville, CA. – January 3, 2023 – With inflation looming at 9%, employees’ financial stress is at an all-time high.1 After the first year of improving the financial wellness benefit for all 5 million US employees in the book of business of a preeminent EAP industry leader, My Secure Advantage dramatically reduced financial stress by […]
Roseville, CA. – January 3, 2023 – With inflation looming at 9%, employees’ financial stress is at an all-time high.¹ After the first year of improving the financial wellness benefit for all 5 million US employees in the book of business of a preeminent EAP industry leader, My Secure Advantage dramatically reduced financial stress by 57%.² MSA and its EAP partner also achieved the following:
- 190% increase in participants using one or more program elements³
- 143% increase in participants scheduling multiple coaching sessions³
- 26% increase in participants working with a Money Coach³
- 1.6 hours of weekly productivity improvement²
- 26% health improvement²
- 88 Net Promoter Score (NPS)²
“We are extraordinarily proud of these results,” Brad Barron, MSA’s Founder and CEO, shared. “For nearly a decade, we have been achieving results like these with our direct-to-employer clients, and it is spectacular to see one of our EAP partners improve their benefit and achieve similar results.”
MSA has been serving the behavioral health and EAP industry for over 35 years and prides itself in accelerating innovation for its partners in times of need. “MSA stepped up in a huge way to help our members during COVID, and it did the same during these trying economic times,” indicated a senior executive for the EAP.
As seen on Business Wire – view full article:
¹ Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years at https://www.bls.gov/opub/ted/2022/consumer-prices-up-9-1-percent-over-the-year-ended-june-2022-largest-increase-in-40-years.htm (visited January 02, 2023).
² My Secure Advantage, Inc., May 2021 – May 2022. Results based on member self-reported data.
³ My Secure Advantage, Inc., May 2020 – May 2022. Results based on specific client program utilization.
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