HealthyWage and other websites now offer money in exchange for improving your health and fitness.
The company offers $10,000 when teams of five compete to lose weight in a healthy way. Its 10% Challenge allows users to double their money if they lose 10% of their weight in six months; and the BMI Challenge pays users $100 to go from an obese BMI to a healthy BMI in 12 months.
HealthyWage isn’t the only company to jump on the motivation money train. Competitors such as DietBet.com, GymPact and StickK ask users to put their hard-earned cash on the line in hopes of getting healthy and wealthy.
And many company benefits programs have started offering financial incentives to employees who drop weight or quit smoking in hopes of reducing health care costs.
(READ the story from CNN)