Veridian Credit Union issued this ultimatum to workers: Quit smoking, curb obesity, or you’ll pay more for health care in 2013.
That workplace trend is on the rise, giving us one more reason to make “get healthier” a resolution for 2012.
Between 2009 and 2011, penalties in healthprograms increased 100%, according to a study by The Towers Watson/National Business Group on Health.
Employers are increasingly penalizing workers for not participating in wellness programs, or for not meeting certain health goals.
In 2012, nearly 40% of larger companies plan to use penalties.
“Nothing else has worked to control health trends,” LuAnn Heinen, vice president of the National Business Group on Health, told Reuters. “A financial incentive reduces that procrastination.”