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Author Archives: michaeldermer

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Health Reward Stat of the Day – Jan 5

Despite a series of recent, high-profile data breaches and consumer concerns over data collection, shoppers are still open to sharing their personal information, reveals a new survey released today by Aimia Inc. (TSX: AIM).
According to the Aimia Loyalty Lens report, when asked to rank types of businesses by the degree to which they are comfortable […]

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Health Rewards – 5 Stats of the Week – Jan 6

Each week we provide you with five statistics about the use of health rewards and incentives in the healthcare industry. Here are the five for the week:

73 percent of consumers say they would lose weight if the government paid them to do so (http://tiny.cc/70zzdw)
in 2013, 26 percent of employers spent $500 to $1000 per employee […]

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What does it take to overcome consumer mistrust to drive health behavior?

Consumers rank hospitals near the top of the list of the companies they trust (28%). Only supermarkets (30%) rated higher, according to a recent study by Harris Interactive when they were asked “which of these industries do you think are generally honest and trustworthy.  But when it comes to health plans (7%) and HMOs (6%), […]

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Meaningful use incentives reach $17B

The federal government’s Medicare and Medicaid EHR incentive program has paid out just shy of $17 billion to date, as providers ready for Meaningful Use stage 2 attestation and policymakers start designing stage 3. As of the end of October, more than 430,000 eligible hospitals and professionals have achieved meaningful use, with 93 percent of […]

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It’s time for a national rewards policy

The time is ripe. Rewards and incentives are everywhere but we lack a coordinated approach:

Under the Stimulus package, $19B in provider incentives were created for the use of electronic health tools.
Under ObamaCare, companies can spend 30 percent (and in the case of smoking cessation) 50 percent of annual premiums on rewards for healthy behavior.  It […]

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When will reward values hit $1,000?

In 2012, the dollar value of rewards given by large employers to each employee averaged $521. That is more than double the $260 per employee that employers gave in 2009. In a survey done by bswift, more than 5 percent of employers offered over $1,000 per employee.
As employers embrace incentives as a cornerstone technique to […]

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Provider rewards key to transition

We all know that under ObamaCare, providers are in the midst of a massive transtion from fee-for-service to fee-for-value. At the same time, accountable care organizations will create additional pressure for providers to manage patient risk tied to reimbursement.  It would be an understatement to suggest that providers did not have the time or the […]

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Consumers spoke – “we want rewards”

Trizetto, one of the leading provider of health plan solutions to the healthcare community, published a study in 2012 called “The Consumerization of Healthcare.” In that study, it surveyed consumers of different demographic characterisitcs ranging from the General Population, the Needy Family, Young Invincible, Unhealthy Well, Heavy Utilizer and Silver Streak.
When they surveyed these multiple […]

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Health rewards is Top 5 2014 trend

In a survey of industry executives, health rewards was voted one of the top 5 health technology trends coming in 2014.  Towers Watson and the National Business Group on Health recently reported that more than two-thirds of companies offer financial incentives to encourage participation in company wellness activities — up from just over half in […]

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