Wellness Experiment Old Republic Title Insurance Company Noticed That Its Sedentary Clerical

Essay

Wellness Experiment
Old Republic Title Insurance Company noticed that its sedentary clerical workers were gaining weight,developing diabetes,and potentially leading to increases in their health insurance costs.It developed a wellness program in which participating employees could consult with trainers,nutritionists and dieticians about healthier lifestyle choices with the goal of increasing the number of employees with a Body Mass Index (BMI)of 30 or lower within a year.In addition,in some locations,it also provided $1,000 bonuses to test role of financial incentives.In the locations without the incentive,at the average location,52.4% of the participating employees met the goal before the plan and 56.2% after.In the locations with the incentive plan,57.1% met the goal before and 62.7% met it afterward.What is the diff-in-diff estimate of the effect of the financial incentives?