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Lose Weight, Make Money

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  • Description

    FNC's Dan Springer on corporate competitions that offer employees incentives to lose weight.

  • Duration 3:08
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How about this drops -- Mel -- score some cash companies around the country are now offering financial incentives to employees that they lose some -- all this is to US save money on health insurance premiums and Dan -- from Fox News has the the -- citi's big yeah.

So the thing is employees -- to lose weight actually work are they need -- the shedding the pounds are now.

It depends on the ends -- And that you know years ago both companies will do just want anything to lower their health care costs right we saw your signaled that they were starting to offer.

Up to pay their employees health club memberships and some will charge less on their insurance premiums if these employees get -- -- wellness program.

But nothing works as well as cold hard cash there is evidence to support that we've talked to five guys on -- team.

In Dallas Texas.

-- because these guys were for -- TG sky -- And the company paid the sixty dollar entrance fee to enter them into a nationwide competition one by healthy way -- three year old company that's a sort of a weight loss bookie.

Each -- lost at least 20% of his body weight and one dropped an amazing 100 Collins.

In just thirteen weeks and the payoff in addition to feeling a lot better was -- cash prize of ten.

Thousand dollars.

-- -- -- -- Lost a lot of weight -- -- You know motivating people you know sometimes things to come from different sources.

Of course the problem we're talking -- is much greater than what these guys used to be.

Two trillion dollars a year in health care costs nationwide diabetes is now the number one health threaten America.

The CDC says 13 of all Americans.

Are obese and that diabetes is costing us a 116.

Billion dollars a year and access health care costs and 58 billion dollars a year.

In lost productivity sell a lot more cash incentives have to go into addressing that problem -- and then also.

-- companies need to over calm people not wanting to know what their employer.

What -- wanting and not wanting their employer know how much they way and if they smoke right.

Well that's right I mean who wants to have your employer know exactly how much you weigh in whether you smoke and what -- habits are and so there's some of that you don't King County Washington has a program right now.

Where they're offering 12100 dollars a year and last for health insurance premiums for people who get into the wellness program.

And they are showing that it's actually working 90% of the employees are taking them -- on that the 10% who are.

Are those who are wary of they -- Big Brother knowing exactly what they're doing.

-- you know -- employees who sign up for that to some companies are really taking.

Bomb must stick Wal-Mart for example is hitting workers -- small.

What -- 2000 dollar a year surcharge on their health insurance.

Some experts worry that what we're really doing here is were shifting costs from the healthier workers to those people who.

Are -- on healthy heavier smokers -- and what's gonna happen is those people who are unhealthy in the smokers.

Are gonna drop her insurance because of the cost too much agency storage -- -- debate that we're gonna do question on after the viewers want of a -- -- against bringing their live from Nazi.

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