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 […]
Tag: health and wellness
Software & Solutions To Transform Your health and wellness Incentive Program
The best health incentive plans have the best software and technology backing them up. Successful health and wellness programs prize incentive companies for the support and resources their software brings to the table. No matter whether you’re setting up new sale incentive programs, revamping existing health incentive plans, or just looking for health incentive program ideas, you need to talk to the experts at All Digital Rewards. We know how important the right technology is to support a strong health and wellness incentives program. We support a wide range of health and wellness programs including: Type 1: General Educational or Participatory and not Health Plan-Related Type 2: Health Plan-Related Participatory Programs Type 3: Health Plan-Related Activity-Only Programs Type 4: Health Plan-Related Outcome-Based Programs Your health and wellness program participants enjoy the perks that incentives, rewards, and engagement bring. Your health and wellness program participants want to feel engaged and appreciated. Regardless of if you are using a type 1, 2, 3, or 4 health and wellness program, we have incentive software solutions that will take your health and wellness program to the next level. Health and wellness programs come with their own unique elements. With the right incentive technology solutions, […]
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 […]
Lack of Engagement is Killing Your Profitability
Lack of employee engagement is killing your business’s profitability. It sounds harsh, but it’s the truth. Don’t believe it? Take a look at the statistics. Gallup’s 2013 report on the state of the American workforce showed that companies with highly engaged employees had 22% higher profitability, 28% less theft, 48% fewer safety incidents, and 10% higher ratings from their customers. Those averages were even higher when looking at just Millennial workers. Additionally, when employees are engaged, they’re three times less likely to leave your company. This is another area where engagement will save money for your company. On average, it costs over $4000 to hire a new employee. Recognition plays a huge part in employee engagement. 74% of employees who receive daily recognition reported being very engaged in their jobs. The more often an employee receives recognition, the higher the level of engagement reported. The question is, what is the best way to engage your employees? One of the best, easiest, and most cost-effective ways you can engage your workforce is through incentive programs. A 2016 study by DCRStrategies reported that 79% of companies that have used employee incentive programs say that their incentive program resulted in achieving their established […]
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 […]
What Are The Most Effective Types Of Incentives?
Whether it is for a customer loyalty incentive program, a health and wellness incentive program, or a channel partner program, choosing the right rewards and incentives is one of the most important parts of planning your incentive program. But how do you know which incentives will be the most effective for your program? Well, first we need to go over the different types of incentives and rewards. Merchandise can include a number of different things. It can include highly rated products such as jewelry, electronics, appliances, etc., novelty items custom branded for your company, and so much more! Merchandise is often understandable considered the workhorse of any incentive program. It’s not hard to understand why cash equivalents such as physical prepaid visa cards, digital prepaid cards, and checks are a favorite among consumers. People love cash, so cash equivalents are always a crowd pleaser. Cash equivalents work best as part of a reward mix, rather than as stand-alone incentives Digital rewards are incredibly satisfying to participants. People love instant gratification, and digital rewards give that to consumers. There is something beautiful about earning a reward and being able to redeem it right away. Digital rewards are an ideal choice for […]
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 […]
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 […]
Top 2018 Corporate Wellness Trends
It’s that time – we are all gearing up for the new year already, getting through the holiday madness and planning for Q1. With all the busyness of the holiday season, health and wellness program participation tends to have a little bit of a decline, which is why staying up with the trends to entice your participants to get off to a good start next year is so important. When managing a successful corporate health and wellness program, it’s necessary to take ABE approach (Always Be Evolving) and work with a health and wellness incentive provider that understands services you are offering to assist them, and the appropriate incentives needed to modify the behavior to lift program uptake over last year. ABE is key to participation because they continuously need your active interest in their influencing motivation! Key considerations need to be reviewed every year to keep your workplace wellness program on track. Listed below is a handful of the top corporate wellness trends to incorporate into your program for 2018. This one’s a biggie. When presenting a more flexible work environment in exchange for program participation, you can bet that participants will be willing to engage. Offering teleworking or […]
7 Workplace Wellness Trends for 2017
Corporate health and wellness programs are becoming increasingly popular in today’s workforce due to the realization of how beneficial these programs really are. Employees are encouraged to become more mindful about their health and gain so much by harnessing this healthy lifestyle. Companies reap the benefits from these workplace wellness programs by lowered healthcare costs, boosted productivity, and much more! Numerous companies and corporations are putting a plan in place, a plan to create a healthy and encouraging work environment, a plan to open on-site fitness centers, promote meditation breaks, present healthier food options. These companies and corporations are really seeing the success of their health and wellness programs. At ADR we are always on the hunt for great health and wellness trends to keep employees, happy, healthy, and motivated. We have compiled a list of our top 7 workplace wellness trends below! Mind over Matter. These days more and more workplace wellness programs are focusing on mental health vs. physical health. Becoming more mindful of the mental state is crucial because it is what drives us physically, the mind powers the body! Meditation breaks, silent sits, or even beginning each meeting with 5 minutes of meditation can offer tremendous […]
