What are the five requirements for wellness programs which base a reward on satisfying a standard related to a health factor?
• The total reward for all the plans wellness programs that require satisfaction of a standard related to a health factor is limited generally, it must not exceed 20 percent of the cost of employee-only coverage under the plan. If dependents (such as spouses and/or dependent children) may participate in the wellness program, the reward must not exceed 20 percent of the cost of the coverage in which an employee and any dependents are enrolled. • The program must be reasonably designed to promote health and prevent disease. • The program must give individuals eligible to participate the opportunity to qualify for the reward at least once per year. • The reward must be available to all similarly situated individuals. The program must allow a reasonable alternative standard (or waiver of initial standard) for obtaining the reward to any individual for whom it is unreasonably difficult due to a medical condition, or medically inadvisable, to satisfy the initial standard. • The plan must dis
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