Gift Cards, Perfect Workplace Social Incentive
Although the roots of the term “social incentives” goes back to the positive feelings humans gain when interacting with friends and peers; the term and concept has been leveraged in the workplace with great success. Historically, social incentives include the positive feedback one receives from peers, and even the presence of friends can be considered a social incentive. In the workplace, it has been proven that the presence of friends affects worker’s attitude, behavior and their levels of productivity. Employers can help forge new friendships and relationships in the workplace by formalizing social incentives as part of their ongoing motivation, recognition and rewards programs. Employers would thereby use the concept of social incentives as a way to encourage teams of coworkers to work together for common goals. Teams, cross-functional teams or randomly assembled groups can join forces in a health and wellness program to collectively improve a workplace health and wellbeing outcomes, while driving individuals’ positive behaviors, keeping participants engaged and ultimately, drive results. Where’s the proof? In the article Increase Participation with Social Incentives, by Wellsource; it is reported that a rate of 64% participation was garnered for individuals on a team, versus 44% participation for those in the same program, with the same incentive, but without being part of a team. Now add a carrot like gift cards for successful participation, reaching milestones, and continued engagement and you are employing a well-rounded idea to keep your programs fresh. Why gift cards? Rewarding with a gift card like
The Cheesecake Factory or
Subway and the teams can dine together or get healthy take-out together to further develop the Comradery created by your program. Are you encouraging teams to work together for common goals and individual productivity?
Source: Wellsource: Increase Participation with Social Incentives
Medicaid & Medicare Health and Wellness Programs on the Rise
Most people in corporate America understand the benefits of health and wellness programs…from the potential insurance premium savings and government incentives to companies, to individual employee productivity increases, and long term behavior changes; health and wellness programs seem to be a win-win when you incent and motivate people to get involved. But, it’s not just the corporate side of America looking closely at health and wellness incentives. U.S. Medicaid and Medicare programs, States and insurance companies are also looking at incentives such as the
CVS Select gift cards. Such gift cards work as incentives in prevention programs that demonstrate changes in health risk and outcomes, such as tobacco cessation, controlling or reducing weight, lowering cholesterol and blood pressure, and avoiding the onset of diabetes or improving the management of their diabetes condition.1 CVS Select gift cards is an example of a healthy gift card incentive that filters out unhealthy products, such as tobacco and alcohol, and supports positive purchases such as medication co-pays, over the counter medicines and other healthcare products. In many ways, the users of Medicaid and Medicare programs are some of the most vulnerable of our population, as they need prompting to get healthy and remain healthy, yet they often have fewer resources to do so.
Read more from CMS.gov to learn how incentives can benefit Medicare & Medicaid Services. Source: 1.
Overview of Medicaid Incentives for Prevention of Chronic Diseases Program
