Outcome-based Incentives are the new buzz words in Employee Wellness. As employers look to employee wellness plans to minimize the rising cost of healthcare and keep employees productive and engaged, there is a growing emphasis on outcome-based incentives. Furthermore, with the Patient Protection and Affordable Care Act (PPACA) encouraging the use of Outcome-based Incentives, their use is expected to spread. Therefore, what are outcome-based incentives?
Outcome-based Incentives are employee wellness programs where employees receive a financial reward for meeting specific health outcomes. In some programs there may also be a penalty for failing to meet the health goals. A primary purpose of Outcome-based Incentives is to increase participation by employees through [This post has been moved to RavingWelllness.com Read More]