When one thinks about corporate health and wellness programs, prepaid cards may not be the first thing that comes to mind. However, it is not uncommon for companies with health and wellness rewards programs to offer prepaid cards, usually delivered through a points-based system in which 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, usually after a specific predetermined behavioral objective has been performed.
When researching and 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 know what is 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? Do you know what the software being used is and how it can be implemented into your current system? Alternatively, should you start with a whole new software approach rather than integrating new software into your current system?
Virtual engagement is driving many of the new strategies in health and wellness software & technology, but the best and leading programs will offer organizations omnichannel capabilities. This means that you should be able to access health and wellness rewards and features through three main channels: online, mobile, and in-person. Omni-channel ability to do things is important because even though participant expectations have increased for online interactions, they have not lost their desire to have in-person options. All Digital Rewards’ (ADR) health and wellness program management software, SaaS with STACK™, allows the setup of customized levels of access as well as rules and limits that are related to each level. Participants can earn base points each time they complete desired actions, with the option of custom bonuses, exchanges, referrals, and layouts that are chosen by the client. Also featured is advanced layers of security, a point-calculation engine, the ability to control point expiration, redemption, and abilities.
If you don’t need a custom health and wellness software build, or are trying to minimize an initial investment into a health and wellness management or reward management system, you may want to ask if the potential health and wellness platform provider has out-of-the-box platforms that can easily integrate into your existing system. All Digital Rewards’ “Out-of-the-Box” reward management platforms do a great job at addressing the specific needs of the industries the system we serve.
All Digital Reward’ administration programming, RewardSTACK™, offers a robotized simple-to-use satisfaction arrangement that incorporates our restrictive Reward REACH™ and Reward WIZARD™ API innovations. Also, RewardSTACK™ incorporates ADR’s contact center module, which empowers the client to have coordinate correspondences with their reward and motivation program respondents, streamlining client benefit forms and giving practical record administration. Regardless of whether you are awarding five clients or 95,000, we set the control back in your participant’s hands with moment access to hundreds of thousands of one of a kind prizes, including reloadable prepaid cards, such as our Live Well™ Debit Reward Card, personalized gift cards, and employee recognition gifts.
Whether you are going to use a physical reward or an electronic reward there is excellent functionality to both. Examining each will empower organizations to increase unique knowledge into the behavior of your participants – you can then cross-reference with statistical information to create profiles and better focus your efforts.
Getting immediate access to data from your health and wellness program permits you to find what is working (or not working) and encourages change with quantifiable information in a proactive technique instead of a receptive strategy. This increases your health and wellness program’s ROI while also driving your cost down.
All Digital Rewards (ADR) is a leading technology company specializing in health and wellness program development, design, and implementation. ADR has an extensive offering of incentives and rewards, including Visa® Prepaid Card products, gift cards, merchandise, and digital rewards. Our reward program management software solutions, SaaS with STACK®, utilize various microservices that provide single point integration, PCI level security, complex event processing, scalable proofing systems, and reporting & analytics. ADR is tied to your success, so we are not successful unless you are. You have a partner from beginning to end when working with All Digital Rewards. For more information on how we can help support your health and wellness programs, call us now at 866-415-7703, or click the button below to schedule a demo.