The HBG-Tangerine partnership makes complete sense because it addresses the leading cause of rising healthcare costs today--obesity
Bedford, NH and New York, NY (PRWEB) March 8, 2011
Tangerine Wellness, the first incentive-based corporate wellness program that reduces the cost of healthcare for employers, and Healthy Business Group (HBG), a proprietary measures-based, behavior-driven health dividend manager, have partnered to offer employers a true full-service, long-term healthcare cost control solution.
"The HBG-Tangerine partnership makes complete sense because it addresses the leading cause of rising healthcare costs today--obesity," said HBG founder and CEO Tom Morrissey. "Knowing where your health stands and what to do about it is the first step towards behavioral change and controlling costs."
"Fully-insured groups will find that our combined full-service resources are particularly compelling," added Tangerine CEO and Chairman Aaron Day. "Plus the March 2012 mandate for employers to have health, prevention & wellness programs in place means we have tremendous tailwinds."
The Tangerine Wellness program is a non-prescriptive approach to weight-loss and health improvement that rewards employees for losing and maintaining weight through cash and other incentives. Employers lower healthcare costs, improve morale and productivity through Tangerine's customized, fully outsourced program that includes a suite of online and offline services. By offering cumulative rewards, and allowing participants to track their results online, Tangerine keeps the program engaging, easy for participants and effective.
HBG is an innovative health dividend manager that tracks and safeguards employee health data, while aligning employers with compatible health improvement programs. Through key partnerships with the University of Michigan Health Management Research Center and other leading resources, HBG puts individuals on a long-term footing towards improved health and lower healthcare costs, while securing data ownership so employees can still benefit regardless of changes in underwriter or employer status.
"We like the idea of participating in something where everyone wins," said Rick Pickering, president of Ship Ashore in Sag Harbor, NY. "Being healthier is better for my employees, but it's also better for my customers and my bottom line."
About Tangerine Wellness
Founded in 2004, Tangerine Wellness is the leading corporate weight-management program that directly rewards employees for losing weight and for maintaining a healthy weight. Tangerine's interactive weight-loss program has a direct and positive effect on employee healthcare costs, morale and productivity. Tangerine has successfully implemented programs in the manufacturing, financial services, healthcare and government/university entities that are translating into direct healthcare cost-savings. The company's collective leadership includes Sen. Bill Bradley and top executives with expertise in corporate wellness, healthcare and benefits administration. Tangerine is headquartered in Bedford, New Hampshire, with offices in Chicago, Houston and New York. http://www.tangerinewellness.com
About Healthy Business Group
Healthy Business Group (HBG) is a health dividend manager that creates long-term, sustainable healthcare cost control for employers through measures-based, behavior-driven health improvement programs. Founded in 2009, HBG is a portable, best-of-breed solution that has clients in the publishing, agribusiness, financial-services and healthcare industries. Management of NY-based HBG benefits from deep expertise in underwriting and plan administration. http://www.HealthyBusinessGroup.net