SOURCE: IO News Wire

IO News Wire

December 15, 2009 07:30 ET

(OTC: APRO) Opening the Door to a Better Benefit Program

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - December 15, 2009) - Allegiant Professional Business Services Inc. (PINKSHEETS: APRO) announced yesterday it is strengthening its benefits offering to its 10,000+ client base.

The cost and availability of health insurance has been a top small- and medium-size business concern. This concern is primarily driven by premium increases and administrative costs. Allegiant is redesigning its offering to allow more companies to offer benefits, giving coverage to workers who might otherwise go without. It is estimated that only 58% of American workers currently have health insurance coverage and of those who do, 16% go without it at some point during the year, either due to lay-offs, the inability to pay premiums, or the employer discontinuing coverage.

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Other active stocks are: Paychex (NASDAQ: PAYX) Hewitt Associates (NYSE: HEW) and QED Connect (PINKSHEETS: QEDN)

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