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My employer/insurer is concerned about implementing the MedEncentive Program at a time other than the beginning of a benefit year. How should I respond to this concern?

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My employer/insurer is concerned about implementing the MedEncentive Program at a time other than the beginning of a benefit year. How should I respond to this concern?

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10

As we see it, when an economic downturn happens, the rules of the game change for all concerned. It is no longer business as usual. In a previous question we described the win-win strategy of taking advantage of the economic downturn to shift healthcare costs to employees and allow them to earn their out-of-pocket costs back (and then some) for demonstrating healthy behaviors through the MedEncentive Program. Given the economy, employers can implement the first phase of this strategy immediately and implement additional steps at anniversary time. A mid-year adjustment to health benefits that engage, educate, empower and motivate health plan members through their physicians is a win-win-win.

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