John Hancock Insurance announced an expansion of its game-changing John Hancock Vitality solution with the addition of the HealthyFood program. Now, John Hancock Vitality policyholders can earn rewards for the healthy food choices they make every day with real-time discounts and/or cash-back up to $600 per year on their grocery bills, and program points that lead to savings on their annual premiums-as much as 15 percent.
First introduced one year ago, the John Hancock Vitality solution reinvented the life insurance experience to connect long-term health to financial well-being. The program provides savings and rewards to policyholders who complete health-related activities like exercising, getting an annual health screening or receiving a flu shot. Individuals have the option to track their physical activity with smartphone apps and devices like the Apple Watch and Fitbit.
The Vitality HealthyFoodTM component takes the program a step further by rewarding policyholders for purchasing healthy food at any of the 16,000 participating stores nationwide, including Walmart and other major grocery chains in the NutriSavings network (a complete list of included grocery stores can be viewed at http://www.nutrisavings.com/all-retailers/.) Policyholders also gain nutritional information and guidance that will help them adopt healthier eating habits through a new collaboration with the Friedman School of Nutrition Science and Policy at Tufts University.
“Over the past year, we’ve seen our customers embrace the John Hancock Vitality program. In fact, our policyholders are taking an average of 9,205 steps per day, compared to the average U.S. adult, who takes an average of 5,900 daily steps,” said Michael Doughty, president, John Hancock Insurance. “But fitness without good nutrition is not nearly as impactful on your health as when you combine the two. Now, with the addition of the HealthyFood program, policyholders can be rewarded for both walking a few more steps and making healthy food choices to improve their overall health.”
In the U.S., poor diet accounts for one out of four deaths (26 percent) or nearly 700,000 deaths each year. More than two-thirds of American adults age 20 and older are overweight or obese, as are 32 percent of children, according to the American Heart Association. Adopting a healthy diet and active lifestyle can help many Americans take control of their health and prevent heart disease and other chronic conditions. There are many sites online to educate people on nutrition and healthy eating, for example Thenutritioninsider.com. There are also fitness programs to help people stay fit and healthy. These can easily be found online so it is not difficult for people to get help.
“Policyholders also gain access to trusted science, resources, and other tools that will help them adopt healthier diets through a new collaboration with the Friedman School of Nutrition Science and Policy at Tufts University, the only graduate school of nutrition in North America, which will provide up-to-date and relevant guidance towards maintaining a healthy diet,” said Dariush Mozaffarian, dean of the Friedman School of Nutrition Science and Policy at Tufts University.
Similar programs abroad have been successful in influencing consumers to choose healthier foods. In South Africa, where the HealthyFood benefit was developed by Discovery Insurance, research has shown that offering cash-back can change consumer purchasing behaviors. When offered discounts of 10 percent and 25 percent for healthy foods, consumers increased the amount of money they spent on healthy food by six percent and 9.3 percent; increased the amount of fruit and vegetables they bought by 5.7 percent and 8.5 percent; and decreased the amount of less-healthy foods purchased by 5.6 percent and 7.2 percent, respectively.
“The John Hancock Vitality program has been our most successful launch, with great levels of interest and early adoption,” said Alan Pollard, CEO, Vitality. “By introducing the HealthyFood benefit to its members, John Hancock continues to reaffirm our shared commitment to improving the lives of our customers.”
The HealthyFood program is coming to life today in New York’s Grand Central Terminal with an interactive John Hancock Vitality Marketplace. Visitors will be able to enjoy delicious healthy food samples and test their healthy food knowledge while earning rewards for the healthy choices they make, similar to the ones earned through the John Hancock life insurance with Vitality program. Renowned chef and restaurateur Tom Colicchio will stop by to serve up some tasty dishes and show visitors how to navigate healthy options when they’re at the grocery store.
The John Hancock Vitality program is available on Term, Protection Universal Life, Accumulation Indexed Universal Life, Protection Indexed Universal Life, Accumulation Variable Universal Life and Simplified Life (easy-issue Variable Universal Life) products. John Hancock plans to add additional products to its Vitality portfolio later this year. Visit www.JHRewardsLife.com for more details about John Hancock life insurance with Vitality and the HealthyFood program.
