ObamaCare is a Boon for Wellness Programs
Nov 21, 2012
Austin, Texas: According to a new report from The Hill, the Obama administration released new regulations Tuesday to encourage participation in employer-based wellness programs as a way to drive down health care costs.
Here is a link to the new regulations on HealthCare.gov.
The article goes on to say that the “rules came as part of a package of regulations under the Affordable Care Act, including requirements that insurance companies cover people with pre-existing conditions, as the Health and Human Services (HHS) works to implement the law.
The less-familiar wellness rules will increase the maximum permissible reward for workers who participate in programs that encourage certain health outcomes, such as smoking cessation or weight loss.
The good news for all companies planning a wellness program is that under the proposed rules, these health-contingent wellness programs” will now yield a reward of up to 30% of the cost of health coverage rather than 20%.
Even better, workers involved in smoking cessation programs will be eligible for as much as a 50% discount, according to HHS.
If your boss is still looking for reasons to pursue a wellness program, this new regulation should provide the necessary impetus.
What is keeping you from starting a wellness program for 2013?