New Wellness Premium Rewards Program
Small Group employers can earn back up to 8% of total annual medical premium
We heard your client’s requests for an innovative solution to help ease rising healthcare costs. Employers can curb productivity loss, increase job satisfaction, and save real money at the same time. Wellness Premium Rewards gives back a portion of an employer’s premium dollars—up to 8% of the total annual medical premium—as a reward for fostering a healthy workplace.
Here’s how the new program works:
- Employees complete wellness activities and accumulate points using Virgin Pulse,® receiving quarterly incentives based on their levels of participation
- Employers receive a percent of their total annual premium, contingent on their employees’ average point accumulation and participation with Virgin Pulse
Employers will also receive periodic status reports on participation, point accumulation, and premium reward percentage status.
Click here, or contact your account representative today to learn more about this program for your Small Group clients.
Virgin Pulse® is an independent wellness company, contracted by Blue Cross & Blue Shield of Rhode Island (BCBSRI) to provide wellness services.