Designing Health Incentive Programs that Work
Episode Description
Most U.S. employers now have incentive programs designed to nudge workers toward better health. But according to Wharton’s David Asch, those programs are too rational in how they deal with the human element. More: http://knlg.net/1TKCJuv 📂 Management;Health Care Management;Human Resources 🏷️ Research
Brief Summary
David Ash discusses using behavioral economics to improve employee health incentive programs.
Key points
- Behavioral Economics in Health. David Ash discusses how behavioral economics can improve employee health programs.
- Surprising Incentives Study. A study shows loss-framed incentives lead to better health outcomes than gain-framed ones.
- Simplifying Health Insurance. David Ash highlights the complexity of health insurance and the need for simplification.
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Episode highlights
- Behavioral Economics in HealthDavid Ash discusses how behavioral economics can improve employee health programs.“Employers have been slow to adopt behavioral economics principles.”0:47May 17, 2016
- Surprising Incentives StudyA study shows loss-framed incentives lead to better health outcomes than gain-framed ones.“Those who got the loss incentive walked fifty percent more.”4:00May 17, 2016
- Simplifying Health InsuranceDavid Ash highlights the complexity of health insurance and the need for simplification.“A set of financial incentives you don’t understand can’t be effective.”8:24May 17, 2016
Tension
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