St. Louis, MO (June 26, 2012) — InteliSpend Prepaid Solutions announced today they are teaming up with employee wellness program provider gBehavior to provide wellness expertise, program design and program delivery for InteliSpend clients. Both companies are focused on helping lower healthcare costs for employers and employees.
According to the Office of the Surgeon General, about two-thirds of American adults are overweight and the numbers continue to rise. Research has shown that for every dollar spent on wellness, medical costs fall by about $3.25 and absenteeism costs fall by about $2.70.
Many employers are moving away from strategies to manage the cost of illness and are investigating ways to promote health through wellness programs, Don Doster, gBehavior CEO, said. Building on our vast experience in behavior modification to improve safety compliance and performance, we designed Rewards for Wellnessâ„¢, our corporate wellness incentive platform, to reward employees for choosing a healthy, active lifestyle. Our rewards program also monitors high-risk employees such as diabetics, and encourages them to follow treatment regimes. By realizing a significant reduction in claims costs during the first year, our clients benefit from a significant savings in healthcare costs.
Wellness programs work to improve the health of employees, reducing healthcare costs for both employers and employees. Healthy employees make a healthy company. Whether it’s wellness, promotions or employee recognition, we at InteliSpend understand what motivates people, said Darryl Hutson, InteliSpend CEO. The right incentive can help change the course of corporate and personal lives. With the addition of gBehavior, we are now delivering to our clients the next generation of wellness solutions based on real, validated and actionable data.
Earlier this year, InteliSpend launched a turnkey prepaid solution to help maximize participation in corporate wellness programs. With the addition of gBehavior’s corporate wellness platform, InteliSpend gives companies a full-service option to help motivate their employees to take part in corporate wellness programs.
About InteliSpend Prepaid Solutions
InteliSpend Prepaid Solutions, LLC, an independent entity within Maritz Holdings, Inc., is an issuer and reseller of American Express®- and Discover®-branded prepaid products, and a program manager for MasterCard and Visa. InteliSpend provides businesses with prepaid solutions, including stored-value cards, online reward management technology, and program management. Its products address a broad array of applications, such as employee reward and recognition, sales incentives, expense management, and consumer promotions. InteliSpend is headquartered in Fenton, MO, and is a licensee of U.S. Patents 5,689,100 and 5,956,695 and Canadian Patent 2,215,969.
For more information on InteliSpend Prepaid Solutions, visit intelispend.com.
gBehavior (Global Behavioral Solutions, LLC) offers comprehensive wellness, performance and safety incentive solutions to employers and health plans that empower program participants to change behavior by rewarding them for achieving program goals. gBehavior handles all phases of implementation, program engagement, reward management and in-depth reporting. Rewards for Wellnessâ„¢, the company’s wellness incentive platform, is focused on improving long-term health and wellness. Incentives motivate participants to pursue and maintain healthy, productive, cost-saving behaviors, which can significantly reduce healthcare costs for employers.
For additional information, visit gbehavior.com.