Buck Offers MedEncentive Employee Health Education Rewards Program

The program has been found to reduce employee hospitalizations and emergency room visits, resulting in reduced health care costs for employers.

Buck, an integrated human resources (HR) and benefits consulting, technology, and administration services firm, and MedEncentive, a digital health-improvement and cost-containment service, announced a partnership to offer MedEncentive’s patented Mutual Accountability and Information Therapy (MAIT) Program to Buck’s clients.

MAIT is a doctor-patient aligned incentive program that nudges better health behaviors by inspiring employees to make informed medical decisions, resulting in reduced health care costs and a return on investment for the plan sponsor. Following each eligible office visit, doctors assign employees an information therapy session containing credible educational content tailored to their individual medical condition and treatment options. Through the program’s incentive mechanism, both doctors and employees are financially rewarded to encourage one another to engage in better health care and health behaviors.

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“We’re excited to launch this unique reward-induced digital information therapy program, which provides people with the right information, at the right time, in the right way, so they are more knowledgeable and motivated to make better decisions about their health and treatment options,” says Brian Stitzel, U.S. Health Practice leader at Buck.

In a five-year study, recently published in the peer-reviewed Journal of Medical Internet Research and certified by the Validation Institute, researchers found that the MAIT Program was associated with significant reductions in hospitalizations, emergency room visits, and per capita expenditures, producing a large return on investment for health benefit plan sponsors.

“Information therapy is an effective and underutilized strategy for improving health outcomes for members and delivering significant ROI for plan sponsors,” says MedEncentive CEO Jeff Greene.

ICMA-RC Introduces Digital Financial Education Game

A series of timed questions will test players’ knowledge of various financial subjects, including key retirement planning topics such as asset allocation and diversification, compounding, financial planning and reducing debt.

In an ongoing effort to reach out to participants both in person and virtually, ICMA-RC, provider of retirement plans and related services for more than 1.5 million public retirement plan participant accounts, has created the RealizeRetirement Trivia Game, “Get Your Ducks in a Row,” to engage plan participants and share educational resources in an entertaining way.

“Get Your Ducks in a Row” uses gamification best practices to encourage participants to digitally engage in a friendly trivia competition between team members within a specific plan-sponsor community. The concept was developed within the organization and is based on a popular in-person ICMA-RC activity that focuses on the always popular rubber ducks.

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Users can participate as individuals across an entire organization, or team play can be set up between groups, departments or agencies. A series of timed questions will test players’ knowledge of various financial subjects, including key retirement planning topics such as asset allocation and diversification, compounding, financial planning and reducing debt. A virtual leaderboard allows players and teams to track scores, while providing ICMA-RC education resources that allow participants to view information on key areas to help them achieve financial wellness.

“It is more important than ever to digitally engage our clients in meaningful ways, especially as many of them face new challenges due to COVID-19,” says Alex Hannah, managing vice president and chief marketing officer at ICMA-RC. “The ongoing development and implementation of innovative tools such as this help expand our reach to participants and further motivate them to think about and plan for retirement in a fun, interactive way.”

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