InteliSpend Forms Partnership with Virgin HealthMiles to Offer Prepaid Rewards

by Mercator Advisory Group 0

InteliSpend Prepaid Solutions announced June 27 that it has entered an agreement to provide prepaid cards as a reward for exercising employees of companies that are signed up with Virgin HealthMiles. The goal of the program is to provide incentives for employees to exercise as a way of lowering a company’s health care costs.

Virgin HealthMiles provides employee health programs that pay people to get active. The company’s Pay-for-Prevention™ approach, based on physical activity and healthy lifestyle change, attracts an average of 40 percent of employees who participate in the program regularly. Virgin HealthMiles excels in getting members engaged and active in the process of getting healthy so they can make measureable changes to their health. The result is greater productivity and lower long-term healthcare costs, which boost the company’s bottom line.

The partnership builds on InteliSpend’s launch of a prepaid MasterCard Wellness card that the company announced in January. InteliSpend plans to offer the Virgin program to companies as a turnkey solution for corporate wellness.

Read more at: http://www.greensheet.com/newswire.php?newswire_id=22498

Read about the launch of the InteliSpend Wellness Card at: http://www.intelispend.com/about-us/news-and-events/New-Product-Launch
Read about the Virgin Program at: http://us.virginhealthmiles.com/pages/home.aspx