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“Employers are gradually embracing the concept of providing financial rewards to their employees based on specific health outcomes from their participation in workplace wellness programs,” Business Insurance reports.
“Recent surveys show a steady, significant increase in the percentage of employers that offer financial incentives tied to measurable improvements in their employees' health, such as losing weight, reducing cholesterol levels and quitting smoking.”
“Experts say the growing popularity of results-based wellness incentives is being driven by a deeper understanding of the underlying motives that inform employees' health habits and choices, as well as regulatory changes that permit employers to increase the dollar value of rewards and penalties to boost employees' engagement in health management programs.”
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