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In-House Financial Wellness Programs Cost More, Research Finds

Original: Financial Wellness Programs Have a Heftier Price Tag when Built In-House, New Research Finds

New research from Morningstar indicates that companies building financial wellness programs in-house face significantly higher costs than those using external providers. The findings suggest employers may underestimate the expenses involved in developing these programs themselves, prompting renewed discussion among benefits leaders about whether to buy or build workplace financial wellness offerings.

Why now: Employers are weighing the cost of financial wellness benefits as demand for them grows.

Morningstar

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