A study by Fidelity Investments and the National Business Group on Health has found that employers plan to increase incentive budgets by 15 percent this year compared to 2013.
The study found that corporations are allocating an average of $594 per employee in wellness incentives, up from $521 last year.
"While the use and measurement of corporate wellness programs continue to evolve, it has become clear that many employers understand the value of — and are committed to — wellness-based incentives in their company health plan," said Robert Kennedy, Health & Welfare Practice Leader with Fidelity's Benefits Consulting business.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
