The Role of Incentives in Health - Closing the Gap
Kent L Bradley1, Ken Shachmut2, Sheila Viswanathan3
1Daniels College of Business - University of Denver, 2101 S University Blvd, Denver, CO.
Military Medicine
|November 22, 2018
Summary
Incentive programs can significantly reduce rising healthcare costs by discouraging unhealthy behaviors. Integrating these incentives into various aspects of life is key to improving national health outcomes.
Area of Science:
- Health Policy
- Behavioral Economics
- Public Health
Background:
- Healthcare costs are escalating, with preventable chronic diseases accounting for a significant portion.
- Incentives are powerful tools that influence individual actions and can be leveraged to address health-related behaviors.
Purpose of the Study:
- To highlight the critical role of incentives in managing healthcare expenditures.
- To advocate for the integration of behavior change incentive programs into policy and practice.
Main Methods:
- Analysis of the impact of incentives on health behaviors.
- Review of successful organizational incentive programs in cost control.
- Examination of the integration of incentives across multiple societal domains.
Main Results:
- Incentive programs demonstrate potential for substantial healthcare cost reduction.
- Successful implementation requires understanding impactful incentive types and strategic integration.
- Behavior change incentives can realign healthcare systems and improve population health.
Conclusions:
- Incentives are essential for curbing healthcare costs driven by chronic diseases.
- Effective incentive strategies must be embedded in plan design, workplaces, retail, education, and communities.
- Widespread adoption of impactful incentives can lead to improved national health outcomes.
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