As another year of double-digit increases in health care costs looms, employers are looking to save money wherever they can. Recently, many have tried to do so by implementing incentive programs designed to improve the health of their employees.
Incentive plans can help employees quit smoking, exercise more or eat healthier., and so do employers—healthy workers are more productive, more creative and miss less work. But health incentive plans must comply with federal law.
Types of incentive plans
There are many ways to promote better employee health. Some employers offer simple preventive screenings or health education classes that help employees quit smoking or lose weight. Others go a step beyond, creating financial incentives for employees—providing discounts on medical insurance premiums or additional cash to pay for out-of-pocket medical expenses.
All health incentive programs must comply with the ...(register to read more)