With health care costs expected to increase by 6.5% this year alone, more employers than ever are turning to point solutions to address rising costs. These point solutions are a convenient way — often an app or digital tool — for brokers and employers to fill gaps in the benefits they offer. In fact, point solutions are becoming a foundational component in many benefit strategies, with 50% of organizations offering between four and nine solutions.

As a result of the rapid growth and innovation in this space, thousands of new vendors have entered the employee benefit point solution marketplace in the past decade. 

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