Cost Benchmarks for Financial Health Programs
The United States is investing hundreds of billions of dollars on economic security programs. But is it enough?
BY CHINENYE OKPARA
In today’s world, where economic challenges are more pronounced than ever, financial health programs offer an opportunity for individuals and families to overcome financial stress and build stability and security. The United States’ government spending on these programs amounts to billions of dollars, with 8% ($545 billion) of the federal budget spent on economic security programs in 2023. The budget shows the scale of investment in the sector, but begs the question: is it appropriately sized to deliver the expected returns? Read more about how we can use cost per outcome benchmarks to answer that question.