Are Wellness Program Incentives Worth the Investment?
As health care costs rise, employers have looked to wellness programs to improve employee health and keep expenses down. But enrollment rates and overall effectiveness vary widely by organization. To help, nearly three-quarters of businesses have begun offering their employees incentives to get healthy as part of a workplace wellness program, according to Anthem’s Trends in Health Benefits 2018 report. But are wellness program incentives the answer? A Wellness Program Incentives Overview A study of more than 1.4 million employees reported in the American Journal of Managed Care found that financial incentives had the greatest positive effect on the number of people who received preventive care services. Topping the list of such services were cholesteral tests, annual checkups and blood sugar tests, all of which increased by rates considered “significant improvements.” The study found that financial incentives were less effective at increasing rates of cancer screening...