A study by Fidelity Investments and the National Business Group on Health has found that employers plan to increase incentive budgets by 15 percent this year compared to 2013.

The study found that corporations are allocating an average of $594 per employee in wellness incentives, up from $521 last year.

"While the use and measurement of corporate wellness programs continue to evolve, it has become clear that many employers understand the value of — and are committed to — wellness-based incentives in their company health plan," said Robert Kennedy, Health & Welfare Practice Leader with Fidelity's Benefits Consulting business.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.