HealthyWage was founded in 2009 and has grown to be a leading provider of outcomes-based corporate and consumer weight loss programs. Their rapidly-growing consumer programs, including the HealthyWager, have helped nearly a half-million people lose weight! Their approach focuses on various social and personal conditions that appear to cause and sustain obesity, including the prevalence of obesity in a subject’s social network (family, friends), the impacts of addiction, and the widespread abundance of cheap, empty calories.
Many of their evolving programs take the form of a weight loss challenge with a well-constructed financial incentive — i.e., one tied to specific goals and timeframes and utilizing both loss aversion and reward motivation. They leverage these incentives along with social networks and other tools to help people hold themselves accountable , understand and manage their personal obstacles, marshal their strongest personal motivations for losing weight, and develop a sustainable and healthy relationship with food. HealthyWager , which allows consumers to make a "bet" on their weight loss, brings the most significant relevant academic research to market with an innovative funding model.
The Healthy Wage Website says Their Goal:
"Since our launch in 2009, we have created several successful businesses. One of those, the HealthyWage Team Challenge, has been offered in more than 500 companies and helped pioneer the way corporate wellness works for businesses with distributed workforces, especially very large companies (33 of the Fortune 500), school districts, hospital systems, the energy sector, and more."
"Another of our businesses, the HealthyWager, has awarded more than $42 million over the past 10 years to the thousands of consumers who we have helped achieve their weight loss goals. We’ve advanced our machine learning capabilities and we are exploring ways to offer bigger prizes to wider audiences in the hopes of tenfolding the size of this business over the next 4 years.
"We also continue our incubation of new products and businesses that leverage the latest research. We are working on several AI-driven digital products that we hope will change the way we all think about health and wellness."
How It Works
Click the Get Started button on the home page. It will take you to a calculator that allows you to figure out how much you can win! The first dial asks you how much weight you want to lose? The more you want to lose the more you can get paid!
Next on the calculator is the question, How Long Do You Need to get to your goal? The longer it takes, the higher your payout! HealthyWager allows you to place a "bet" on your weight loss. At registration, you lay down your bet (you can pay all at once or once per month for the duration of your challenge). You can bet as little as $5.00 a month but the higher your bet, the higher your payout. You do have to have a minimum weight loss goal of at least 10%. So if you weigh 200lbs, your goal must be at least 20lbs. If you weigh 160, your goal must be at least 16lbs and so on.
They will pay your prize if you have achieved and maintained your goal at the end of the challenge. You'll have both your starting and ending weight verified using their verification system. Your challenge time begins running when you get your verified weigh-in. Then, at the end of the challenge, you need to get your verified weigh-out anytime during the two-week window leading up to your end date (including your end date). FAQ's
After you finish with the calculator then you'll be asked questions about your physical condition. What is your biological sex, how tall are you, your current weight, your age, (Under 20, in your 20's, 30's, etc.), and then what is the reason for your joining HealthyWage? Are you in it for the money or are you looking for help losing weight? Then other questions like what diets have you tried before - they list them and you check all that apply. By the way, they do ask you if you are taking GLP-1 medications and yes, you can take Semaglutide or GLP-1 meds.
At the end of the questions it will tell you that you can start your challenge whenever you'd like by weighing in on their mobile app. It's fun and takes about 30 seconds. The tools on their mobile app to lose weight. Win your challenge and get paid quickly via check or PayPal.
The last page tells you what you can expect. You will use the app to weigh out anytime during the two-week window at the end of your wager. You'll upload a photo of your ID to confirm it's you and provide an electronic signature that you didn't cheat. Sometimes the IRS requires them to get a W-9 form which is like four-lines to fill out, it's nothing. And then choose whether you want to get paid by PayPal, (3-days) or check, (7-days).
Key take-away's for HealthyWage
1) HealthyWage is Super Easy to join and select how much you want to get paid.
2) HealthyWage pays out up to $10,000 per wager! You can use their calculator to select how much you want to win.
3) Fill out their easy form to get to the end and they will ask you for an email address and password, (to verify you're a real person).
4) Then start your HealthyWager whenever you're ready! If you order GLP-1 medications, you can sign up and start once you get the medications delivered.
5) If you have questions, you can look here at their HealthyWage FAQ's for more.
5) You can also reach out to them at info@healthywage.com or by phone, 1-(888) 636-3832, (they said inbound calls are heavy so you may have a wait).
You can download the HealthyWage app right here for Android or for your iOS mobile device!