Corporate health and wellness programs often offer prepaid cards and other digital rewards, usually delivered through a points-based system. Participants can receive points in exchange for health program-related behaviors. These points serve as a form of online currency that can be redeemed for prepaid cards, digital rewards, gift cards, experiential rewards, and merchandise. However, to make use of these types of rewards, a robust health and wellness technology platform is essential. When comparing health and wellness program technologies, it is easy to see that this market is rapidly changing. By comparing what different companies are offering, you can narrow your choices to find the best fit for your program. The process begins with understanding the intricacies of the methodology used in the health and wellness program software. An example could be considering if it is better to have a pin for a virtual prepaid debit card or a physical prepaid reward card? Should you start with a whole new software approach rather than integrating new software into your current system? Do you know what the software being used is and how it can be implemented? Virtual engagement is driving many of the new strategies in health and wellness software & […]
Category: Employee Wellness
Eight Ways to Breath New Life Into Your Wellness Program
Does your organization need to update your health and wellness incentive program, or are you about to start your first one? There are many options for incentive programs, with rewards including prizes, cash, trips, and more. Setting up a wellness program with all the right elements is essential to engage your health program participants and motivate them to complete health goals. How can you develop a wellness program that benefits your employees while saving your organization money? Fortunately, the problem is far from impossible to solve. Health and wellness employee incentive programs are thriving in today’s health-conscious world. Organizations are committing to this trend and becoming leaders in promoting preventative health care among their staff and efficiently lowering their insurance burden. By offering a range of participation incentives that are health-related will not only promote self-care and an overall healthy lifestyle, but it also saves your organization money over time! Health care costs are higher than ever, but a great way to reduce workplace downtime, increase productivity and save money is to offer your staff a health and wellness program, which reduces overall healthcare costs. Another important consideration in developing a program is understanding that it isn’t just about offering […]
Using Incentives to Create a Holistic Health and Wellness Program
Health and wellness programs are more important than ever. The success of these programs requires more than just good ideas. More than half of all US companies have some sort of health and wellness programs, but there’s a clear decider between the successful and the unsuccessful programs. An article from Fast Company reviewed various health and wellness programs and found that successful wellness programs should be holistic in nature, taking into account every aspect of an employee’s wellness, to include the time when they aren’t at work. Including wellness incentives helps make this possible. With a health and wellness incentive program participants are rewarded for desired health and wellness behaviors. Points-based incentive programs lend themselves well to health incentive programs. For example, participants in a points-based health program could earn points for activities such as putting together a meal plan with a nutritionist, participating in a health screening, attending a company yoga class, setting up mental health sessions, using a step counter to monitor their steps, etc. Those points can then be redeemed in a rewards marketplace for merchandise, gift cards, and other rewards. It’s worth getting your wellness program right. Implementing effective measures will help your bottom line. For […]
Your Guide To Health and Wellness Research Panel Incentives and Technology
Choosing the right incentives and technology for your health and wellness research incentive program can be a challenge. You need incentives that will fit your demographics, reflect the goals of the program, and meet your budget requirements. Pharmaceutical, medical products, and healthcare research incentive programs often have very specific requirements for their programs. Fortunately, there are always options out there. When setting up your research panel, you want to make sure that you provide your panelists with timely and desirable compensation that will motivate them to continue participating with your program. Incentives should be tailored to your demographics, but there are some options that have high perceived value amongst a majority of participants. Examples of some popular incentive options: Visa prepaid digital solutions Physical and virtual gift card Merchandise Drawings for iPads, Travel, Gift Cards, Smart TVs, FitBits, Fitness Equipment, etc. Both virtual and physical prepaid and gift cards can be a good choice for your incentive program. Gift cards and prepaid cards are viewed as cash equivalents, which makes them one of the most popular types of incentives. Merchandise, particularly when utilized in a points-based incentive marketplace, gives participants the option for self-selection. The use of drawings or instant […]
How To Offer A Successful Health And Wellness Incentive Program
Now more than ever, organizations know how much of a priority health and wellness is for their wellbeing. A Global Wellness Institute (GWI) report estimated that health issues among company workers cost the United States over $2 trillion a year. Over 70% of employers offer some type of health and wellness program to their workers and more are doubtless coming. It is important to note health and wellness programs can have only a limited impact on employee health and wellness if they are not executed correctly. So, how do organizations create wellness programs and wellness incentives that work to effectively improve employee health and wellbeing? Health and wellness incentive programs with high rates of success help motivate people to take personal responsibility for managing and improving their health and fitness, reduce absenteeism, improve productivity, and decrease health care costs. In the GWI study they present evidence that companies that were perceived by their employees as more “Caring” had much more successful health and wellness programs. One of the primary factors in deciding if a company was “caring” was whether or not that organization offered tangible incentives. This is supported by studies conducted by Johns Hopkins University’s Institute for Health and […]
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 […]
How to Offer a Health and Wellness Incentive that Works
Workplace health and wellness is a huge priority. A Global Wellness Institute (GWI) report estimated that worker unwellness costs the United States $2.2 trillion a year. It is no wonder that over 70% of employers are offering some type of health and wellness program to their workers. Unfortunately, if not executed correctly, employee wellness incentive programs can have only a limited impact. This raises a question: How do companies choose programs that work to effectively create a change in employee health and wellbeing? What Makes A Health Incentive Program Work? Successful health and wellness incentive programs help motivate people to take responsibility for improving and managing their health and fitness. They not only help employees live healthier lives but also improve outcomes for the company, as well. This includes boosting productivity, reducing absenteeism, and decreasing healthcare costs. On a related note, great health and wellness programs demonstrate to employees that their employer cares for them and their families. One of the main factors in deciding if a company was “caring” was whether or not that company offered tangible incentives. This is supported by studies conducted by Johns Hopkins University’s Institute for Health and Productivity Studies (IHPS), which have shown that one […]
Types of Health & Wellness Incentive Programs
It can be a challenge deciding which type of health and wellness incentive program is the best fit for your organization or whether or not you should engage the services of an incentive provider to gain helpful insights. Health and wellness incentive programs are an important part of encouraging health among employees, decreasing spending on employee health care, increasing productivity, and raising morale among employees. Health and wellness incentive programs come in many forms, depending on the sponsoring organization’s particular goals, and what tactics are needed to influence healthy behavior. Health and wellness incentive programs should be consistent with an organization’s vision and goals, legally compliant, and relevant to the program’s participants needs. As a general rule, most health and wellness incentive programs will fall under one of four different types: When effectively implemented, these health and wellness incentive programs have been shown to improve work performance, decrease the number of sickness-related absences, increase companies’ abilities to attract top talent, and improve employee’s self-management skills. Each of these types of plans have their own unique features and compliance obligations. Becoming informed as to the different types of health and wellness incentive programs and their requirements is one of the […]
Exploring Health and Wellness Program Types. Incentive and Reward Program Series 4
All Digital Rewards understand the importance of a high-quality health and wellness incentive program in increasing workplace wellbeing and improving company efficiency. There are four main options for health and wellness incentive programs. We have discussed types 1, 2, and 3 in our previous posts in our Exploring Health and Wellness Program Types. Incentive and Reward Program Series. In this post, we will be reviewing Type 4 health and wellness incentive programs. Type 4 Health Plan-Related Outcome-Based Programs are available to individuals enrolled in the sponsoring company’s health plan. Rewards are earned based on meeting certain program-specific desired outcomes required by the company’s health and wellness program. These outcomes could include things like reaching a certain BMI level or quitting smoking, which could be rewarded with a reduction in an employee’s health care contributions. Type 4 programs often include a tobacco cessation program. Health screenings are often required at the onset of a Type 4 health and wellness program in order to establish a baseline for the participants and to allow for easy progress tracking as the program progresses. As is the case for all health and wellness incentive programs, Type 4 programs are required to ensure that there is […]
Health and Wellness Points-Based Platform Technology
In today’s evolving digital world, it is critical to ensure that you are utilizing the most effective and up-to-date technology to optimize your health and wellness program. One of the most effective ways to ensure this is to use a points-based reward management system as part of your health and wellness incentive program. Points-based programs are widely utilized both in company loyalty programs and health and wellness programs. Participants are very familiar with these sorts of programs, with an average US household participating in up to eighteen programs at a time. This makes it easier to encourage engagement in health and wellness points-based platform technology, as participants are already familiar with the technology. Participants enjoy earning points in health and wellness incentive programs they can spend on a variety of rewards offered by the program. At All Digital Rewards, our health and wellness points-based platform technology allows for easy access to rewards and incentives, such as prepaid debit cards, gift cards, travel, top brand merchandise and digital rewards – All of which can be shipped or delivered online. Additionally, our system includes a secure environment reducing user fraud and an interface for your administrative staff. As a points-based platform technology […]
Exploring Health and Wellness Program Types. Incentive and Reward Program Series 3
All Digital Rewards, a leading health and wellness incentive provider, is committed to helping health and wellness program managers understand the basics of creating an incentive plan for their members. When creating a health and wellness incentive program, there are four main types that most programs will fall under. In previous posts, we’ve explored type 1 and type 2 programs. In this third post of our Incentive and reward program series, we will be reviewing type 3 health and wellness incentive programs: Health Plan-Related Activity-Only Programs. Type 3 Health Plan-Related Activity-Only Programs allow participants who are enrolled in the company’s healthcare plan to earn rewards after completing certain health and wellness activities. Examples of these Health Plan-Related Activity-Only Programs could include things like a reduction in employee health plan contributions if the employee follows a diet plan, or rewarding an employee for participating in exercise classes, or offering a reduction in employee health plan contributions if the employee exercises for at least 3 days out of a week for a minimum of one hour on each of those days. Your type 3 health and wellness program must be accessible to all similarly situated employees who are enrolled in your company’s […]
Live Well Reward ™ Card – Health Reward Card backed by VISA
Health and wellness incentive programs have been proven to be an effective way to create a healthier, more productive workplace. One of the most popular ways to reward health and wellness program participants are with Health Benefit Cards ie. prepaid rewards cards. These cards are popular because of their ease of use, perceived value, and universal acceptance. Additionally, health and wellness incentive programs that use prepaid cards for their rewards show high levels of engagement amongst participants. A quality health and wellness incentive rewards program management company can create fully customized and branded rewards cards for your company’s health and wellness incentive program. At All Digital Rewards, we recognize and appreciate your commitment to improving your participant’s health and wellness. With our Live Well Reward ™ card you can go beyond traditional health reward cards. Live Well Reward ™ cards allow you to reward your health and wellness program participants as they complete program objectives, such as check-ups, screenings, or wellness visits. Each time participants complete their objectives, cash will be added to their Live Well Reward ™ card, which they can then spend like using a debit card. We partner with Visa® to offer a wide variety of prepaid […]
