A Corporate Health and Wellness Program’s Secret Weapon: Incentives
Creating a company health and wellness program is a fantastic way to raise work performance, company morale, and lower healthcare costs. When a health and wellness plan is strategically organized and implemented, it can increase your sales, reduce employee absences, and lower workers’ comp/disability costs.
An effective health and wellness program requires high levels of employee participation. The secret to increasing health and wellness program participation is to include incentives. Not just any incentives. You need the right incentives for your demographics at the right price point.
Health and wellness program incentives rewards suppliers can provide batch and bulk visa prepaid cards, merchandise, experiential rewards, eGift cards, and other digital incentives. Digital reward vendors, like All Digital Rewards, have the rewards incentives programs need and will be able to select rewards that will fit your budget and demographic needs.
You also need to have support software to manage your program. The right health and wellness technology can make managing your program easy. Without it, it can be a nightmare sorting everything out. If you’re looking for reward management software, All Digital Rewards provides reward management applications and software that can fit any incentive program.
Additionally, there are a number of specific legal requirements that go along with a health and wellness incentive program. Depending on the type of program, the rewards you offer, and how the plan is is implemented, there are a number of laws you will have to be in compliance with including:
- The Patient Protection and Affordable Care Act (PPACA)
- The Health Insurance Portability and Accountability Act (HIPAA)
- The Consolidated Omnibus Budget Reconciliation Act (COBRA)
- The Employee Retirement Income Security Act (ERISA)
- The Age Discrimination in Employment Act (ADEA)
- The Fair Labor Standards Act (FLSA)
- The Americans with Disabilities Act (ADA)
- The Genetic Information Nondiscrimination Act (GINA)
- Title VII of the Civil Rights Act
- Various Tax Laws & Tax codes
- Cafeteria Plan Regulations
At All Digital Rewards, we understand the importance of maintaining legal compliance for your health and wellness incentive programs. Let our incentive program legal experts guide you through the process of creating a compliant health and wellness incentive program. The laws will keep you and your participants safe, we will help keep you compliant.
When it comes to health and wellness incentives programs, you don’t have to figure everything out on your own. Work with a health and wellness incentive program provider, like All Digital Rewards, to set your program up for success. We are a one-stop-shop for all your health and wellness incentive program needs. Take the next step for your company’s health and wellness incentive program and give our Health and Wellness Reward Program experts a call at 866-415-7703 or click the “Schedule a Demo” button below!