In other types of insurance, low risk is rewarded. Good drivers pay less for car insurance than bad drivers. With participation-based incentive and wellness programs, employers earn cost savings while employees who live well and wisely manage their health are rewarded, too.
Bravo Wellness, an incentive management program, is working with Health Advantage to create a solution that ties wellness screening results (i.e., tobacco use, cholesterol, body mass index, and blood pressure) to what employees pay for healthcare coverage or benefits.
A key component that traditional wellness campaigns lack and we offer is motivation. Financial incentives dramatically increase employee engagement: employers can expect 92 percent employee participation.
And most importantly, there is an immediate ROI with our participation-based and wellness programs, including a savings of between 3 and 10 percent of current healthcare costs, depending on how the program is structured.
Whether you need us to coordinate all the elements of the program or certain components, we give you the road map and take care of the details, including navigating federal and state regulations, HIPAA and wellness regulations for group health plans.
Contact your Arkansas Blue Cross and Blue Shield marketing representative if you would like to schedule a presentation by Bravo Wellness.
Bravo Wellness is an independent company that operates separately from Arkansas Blue Cross and Blue Shield. Bravo Wellness does not sell or service Arkansas Blue Cross products and is solely responsible for the incentive management services referenced here.
Arkansas Blue Cross and Blue Shield is an Independent Licensee of the Blue Cross and Blue Shield Association and is licensed to offer health plans in all 75 counties of Arkansas.
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