The optional onsite full fasting screenings include basic body measurements and a blood draw that tests for 21 different blood elements associated with possible diseases. The screening provides participants with basic body measurements including height, weight, blood pressure and an overall Health Status score called a WellCentive Score.
Offsite employees and spouses are offered wellness kits to be completed in their local area.
The optional Health Risk Assessment (HRA) is a confidential online questionnaire about health and lifestyle habits (i.e., blood pressure, weight, tobacco use, physical activity, etc.).
After completing the questionnaire each participant receives a confidential profile that identifies major health risks while highlighting healthy habits and changes the participant can make to resolve health risks.
Participants will receive a personal and confidential follow-up by a professional health coach, who is at minimum a Registered Nurse, to help participants understand their health information. This review can be completed in-person or over the phone. The coach can work with participants to lower risks, explain treatments, and provide guidance and interpretation on complicated medical issues.
After completing the optional Biometric Screening and HRA, participants will have a custom configured online personal health management system (Personal Health Desktop) based on their health assessment results. This online tool allows participants to learn about their health risks and how to modify them through Risk Resolutions Guidelines. They will have access to lifestyle improvement programs and interactive multi-step e-learning seminars for diet and nutrition, stress, smoking cessation and fitness. Over time, participants are able to track changes in their assessment results so they can maintain and improve their personal health.
• Cancer
• Mental Disorders
• Diabetes
• Pulmonary Conditions
• Heart Disease
• Stroke
• Hypertension
Prodigy provides a voluntary program for each employee to participate. To be eligible, each participating employee must confirm that they currently have major medical health insurance through their employer or their spouse’s employer
Although there are constant changes in legislation, we do not foresee changes to this program in the near future. Prodigy's ERISA attorney and other attorneys are constantly monitoring this and will notify everyone promptly if changes occur.
Yes. After enrolling in the program, you must access your Personal Desktop, view the compliance video and either schedule or complete a Health Risk Assessment (HRA). Thereafter, you must meet monthly and/or quarterly objectives.
If you fail to meet the required participation criteria, you could be dropped off the program with the potential of losing all benefits received as a result of your participation. Prodigy Benefit Management will make several attempts to reach you but if we are unsuccessful, you will be dropped off the program and either lose your benefits or pay for them directly out of your check post-tax.
The effect would probably be minimal if you are approaching retirement age as Social Security is calculated on a 35 year average. One of the benefits we make available to employees is a Guaranteed Issue cash value life policy that usually accrues cash value at a higher rate than Social Security. (If you have specific questions on this effect, please consult your CPA)
No. A gym membership is a taxable benefit under the rules of this program.
Prodigy Benefit Management calculates your Wellness Reserve at 95% of your annual income. Therefore, if you should miss a couple of days during the year, there should be enough in reserve to pay the premium amounts without affecting your take home pay.
Yes. All benefits can be modified to cover your spouse and/or dependents.
Prodigy Benefit Management and your employer decide what the “Wellness Reserve” must be spent on.
No. Because you are pre-taxing the wellness program under a Section “125” Cafeteria program, the IRS has certain rules that must be followed such as; you cannot make any changes to the program until “Open Enrollment” each year unless there is a qualifying event. An IRS approved qualifying event allows you to make changes during the plan year that are consistent with the event. Your Prodigy Wellness advisor will explain this upon enrollment.
You will see additional line item deductions on your paycheck. To truly see the effect on your take-home pay, compare two identical paychecks (i.e. hours worked, same pay rate, etc.) and you will see either a very slight increase in pay or no difference in take home pay.
You should always come out ahead as your taxable income is lowered by the wellness contribution. Therefore, you are paying the correct taxes based upon your gross taxable income after the wellness contribution. (For specific questions, please contact your tax advisor or CPA)
Yes. This is a tax qualified wellness plan that uses tax advantage provisions under the Internal Revenue Service codes “Section 125 and 105” and ACA wellness rules.