You have Blue Cross but do not have this rider?
If you have under 50 employees and have Blue Cross as your health insurance. You are crazy if you do not have their Healthy Actions rider!!
No matter what health plan you have with Blue Cross the one “FREE” thing you have is an annual physical. Not only is there no co-payment but all blood and urine tests associated with this annual well care physical are done at no cost to you.
The sad thing is Blue Cross has found that many employees, however, still do not have their physical and have come up with this rider (Healthy Actions). It does add cost to your monthly premium:
- 1 employee: 2.5%
- 2-9 employees: 1.25%
- 10-49 employees: .04%
Your employees need to do three things:
- complete an online health risk questionnaire online after they register with the vendor who handles Healthy Actions
- bring their questionnaire to their doctor for their free annual physical
Click here for a good tutorial. At this point there are two results after the doctor submits questionnaire with his comments:
- Employee is in good health and gets a $300 gift card
- Employee is give goals to improve their health and get a gift card for $100. If they hit their goal then they get the other $200.
Here is where it get interesting the employer will receive a year end refund based on the percentage of employees who earn the $300.
|Percent of employees who earn the full $300 reward||Your reward is…|
|20-49%||1.25% of current year’s premium|
|50-79%||2.50% of current year’s premium|
|80-100%||7.50% of current year’s premium|
*The premium reward is based on total premiums paid during the full 12-month contract period.
We recently had an employer have a completion percentage of 80% when 8 of his 10 employees received the $300. This resulted in a credit of over $11,000 !!!! If you have Blue Cross, you need to look into this rider. If you have any questions send us an e-mail.