Lyndhurst, NJ, March 13, 2013 --(PR.com
)-- IncentOne, the leading provider of incentive solutions to the healthcare industry, has released the latest version of its of its outcomes-based biometric incentive program. This solution is the next generation of its original solution launched in June, 2011. The increase in the dollar value of incentives in the Patient Protection and Affordance Care Act (PPACA) and the recent PPACA regulations from 20 to 30 (and in some cases 50) percent of premium has opened the door to increased need for multiple outcomes-based strategies delivered in accordance with those laws. IncentOne’s solution has been built to accommodate a wide range of incentive program designs to support any audience as well as biometric testing from any service provider or independent source of biometric results.
Capabilities of the solution include:
- Supports testing data from any service provider
- Aligns incentives to multiple improvement types, ranges and values
- Aligns incentives to improvements or in range values for multiple measures (e.g., 3 of 5)
- Enables different gender-based target levels for each measure
- Supports multiple testing periods to allow for goals throughout the year
- Enables incentives tied to year over year or period over period improvements
- Combines participation and outcomes behaviors
- Provides for turn-key administration of reasonable alternatives and alternative health activities based on physician recommendations
- Integrates extended audiences such as dependents, spouses, and domestic partners
In this latest version, IncentOne enables the alignment of incentives to a wide variety of outcomes measures such as Body Mass Index, Blood Pressure, Cholesterol levels, Glucose, and Hba1c.
IncentOne's Biometrics have produced impressive results. One employer group of 9,500 lives achieved:
- 40% achieved a BMI <30 for a $100 incentive
- 57% achieved a Blood Pressure of <140/90 mmHg for a $200 incentive
- 46% achieved a LDL Cholesterol level of <130 mg/dL for a $200 incentive
“Our customers want the flexibility to run a variety of outcomes programs and to ensure compliance,” said Michael Dermer, President and CEO of IncentOne. ”We expanded our ‘open’ model to support any audience, service provider, and any improvement or in range value for any biometric measure.”
According to the, "2012 Towers Watson Health Care Changes Ahead," survey, the use of incentives tied to biometric outcomes (e.g., achievement of target BMI, cholesterol level) is expected to skyrocket in the next two years. Currently, 13 percent of employers use such incentives, but 9 percent plan to add them in 2013, and another 52 percent are considering them for 2014 or 2015. In addition, the November 2012 regulations released attempt to provide additional clarity for the use of outcomes-based programs.
IncentOne delivers cost savings and health improvement by engaging healthcare consumers and providers through the use of incentives. IncentOne serves customers representing more than 50 million lives, has processed 30 million health transactions and driven 20 million health milestones through 125 data partners. IncentOne’s Universal Remote™ technology enables customers to drive “any action for any value for any reward via any medium” and to align incentives not only to long-term savings but also to immediate and intermediate savings via its Trifecta™ methodology. IncentOne’s solutions are married with leading-edge strategies such as value-based benefit design, medical homes, accountable care organizations, telehealth, pay-for-performance and provider payment reform to deliver true engagement. IncentOne programs target consumers to improve utilization, increase prevention, avoid hospitalizations, reduce readmissions, choose lower cost providers, reduce health risks, increase medication adherence and steer benefit selection and providers to adopt e-prescribing and EMR technology, adhere to treatment protocols, and improve patient safety. For more information go to www.incentone.com. Follow us on Twitter @incentone.