Enrollment, engagement, and competitions all see higher success in the presence of rewards. Walkingspree can help you identify and set target goals, and suggest creative, proven contests which can be based on minimum participation and team achievements to motivate employees or outcome-based criteria.
Many employers are looking at premium-based incentives for employees to take positive preventable action in managing their health care costs. Outcomes-based incentives provide employees with a financial reward for meeting a specific health target—or a penalty may be imposed for failure to meet a health standard—rather than simply providing an incentive to participate in the program.
One Walkingspree health insurance client set up Walkingspree walking program or Weight Watchers sessions as compulsory options for members whose BMI exceeded a certain target to earn their premium-discounts as offered to those members with no risk factors. Businesses that used the insurance product saved an average of 9% to 14% with the insurance program.
The maximum reward/penalty under this outcome-based incentive is increased from 20 to 30 percent as of January 2014 as a result of provisions in the Patient Protection and Affordable Care Act (PPACA).
Walkingspree can work with you to developing an outcome-based incentive program that is appropriate for its employee population.
You can provide effective rewards for a smaller amount than you think. Make yours a year-round wellness program by combining other wellness participation (such as health screenings or tobacco cessation programs) with step achievements in the Walkingspree program for common rewards. By offering built-in fun in your walking solution, the combined wellness rewards don’t have to overwhelm your budget.
Walkingspree can integrate with your current reward partner for other wellness services to develop a common reward platform for all your wellness programs.
We also offer a fabulous e-gift card program via Tango, a leader in electronic gift card reward programs. You can easily incorporate the E-Gift Card program into your activity program solution that Walkingspree helps you create.