20445 EMERALD PKWY # 400 CLEVELAND, OH 44135 Get Directions
20445 EMERALD PKWY # 400 CLEVELAND, OH 44135 Get Directions
Founded 2008
Incorporated OH
Annual Revenue $22,511,249.00
Employee Count 35
Industries Employee Programs Administration
Contacts Jim Pshock What differentiates Bravo is our focus on options for immediate employer cost savings and employee rewards for actually achieving positive results instead of rewards simply for participating in programs – or no rewards at all.
Rewards that are “contingent upon the satisfaction of a health standard” have been a dangerous idea for organizations because of health insurance law including HIPAA non-discrimination regulations and because of the fear of strong employee backlash to such programs. Studies show however that employee attitudes toward incentives for health have dramatically changed over the past few years and the Final Rules for wellness programs in employer sponsored health plans became effective less than one year ago.
Bravo’s founder, Jim Pshock, has been at the forefront of the use of result-based wellness incentives since 2004. Ambiguities in interim federal regulations were recently clarified and the rules made final. Mr. Pshock has worked closely with the Department of Labor, Internal Revenue Service and Centers for Medicaid and Medicare to understand the practical application of these new regulations and is uniquely positioned to lead this initiative. The final wellness regulations created the opportunity for result-based programs that will play a dramatic role in health plans of the future.
Bravo provides tools and services needed to make incentive based programs work. Bravo knows how to build compliant plans, create meaningful incentives, combine participation-based and result-based goals, measure results consistently and cost effectively and more. Companies can engage Bravo to fill gaps in their program or to administer the entire process.
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