(4.3 / 5)1552+ Ratings

HealthyWage Reviews

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Overall Rating

4.3
6 Reviews
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About HealthyWage

HealthyWage is a for-profit health and wellness company that provides weight loss and fitness challenges with cash prizes. The platform allows participants to set their own weight loss goals and wager a certain amount of money each month to achieve those goals. If participants succeed in reaching their target weight by the end of the challenge, they win the prize money, which can be up to $10,000.

Key features of HealthyWage include:

  • Customizable Challenges: Participants can create their own weight loss "bets" with specific goals and timeframes.
  • Verification Methods: Weight verification is done through various methods, including smartphone app, video verification, and verification by a fitness or health professional.
  • No-Lose Guarantee: If more than 75% of participants win a challenge, everyone who succeeds will at least get their entry fee back.
  • Payment Methods: Winners can receive their payouts via PayPal or check, with PayPal being the quicker and fee-free option.

HealthyWage Pros & Cons

Pros of HealthyWage:

  • Financial Incentives: Offers the chance to win up to $10,000 by betting on your own weight loss goals.
  • Flexibility: Allows you to set your own goals and timelines for weight loss challenges.
  • Motivation: Provides a strong motivational tool by making you accountable for your weight loss progress.
  • Community Support: Offers a supportive community of like-minded individuals and access to customer service.
  • No-Lose Guarantee: Ensures that if more than 75% of participants succeed in a challenge, everyone who succeeds will at least get their entry fee back.
  • Multiple Challenges: Allows participation in up to 10 challenges simultaneously, potentially boosting earnings.

Cons of HealthyWage:

  • Risk of Losing Money: If you don't hit your weight loss goal, you will lose the money you wagered.
  • Complexity: Some users have reported confusion in understanding the terms and conditions, particularly regarding the no-lose guarantee.
  • Potential for Misunderstanding: There have been complaints about misleading information during the sign-up process.
  • Administrative Fees: There may be processing fees for paper checks, although PayPal payouts are fee-free.

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HealthyWage Customer Reviews (6)

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Broderick Simmons
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Aug 24, 2023
Dzhabrail Shervashidze
Dzhabrail Shervashidze
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Aug 23, 2023
Michael Butler
Michael Butler
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Aug 22, 2023
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Sam Johnson
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Aug 22, 2023
Donald Froelich
Donald Froelich
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Aug 21, 2023
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Aug 18, 2023

HealthyWage Customer’s Q&A

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HealthyWage Features and Benefits

Here are some key features and benefits of HealthyWage:

  • Incentive-based challenges: HealthyWage offers challenges that make weight loss more exciting, focused, and accountable. All challenges include cash prizes, with the potential to win up to $10,000 in a challenge.
  • Individual and team challenges: Users can participate in individual weight loss challenges or team challenges, where teams of 5 compete against each other for the top prize.
  • Step challenges: In addition to weight loss challenges, HealthyWage also offers step challenges to encourage physical activity.
  • Flexibility: Users can choose their own weight loss goals and the timeframe in which they want to achieve them.
  • Motivational help: HealthyWage provides motivational help to keep users on track towards their weight loss goals.
  • High earning potential: Users have the potential to earn significant cash prizes if they meet their weight loss goals.
  • Additional resources and coaches: HealthyWage provides additional weight loss resources and access to coaches to help users on their weight loss journey.
  • Safe competition rules: HealthyWage has rules in place to ensure that the competition is safe and fair for all participants.
  • Easy to sign up: The sign-up process for HealthyWage is straightforward and easy to complete.

These features and benefits make HealthyWage a unique and effective platform for individuals looking to lose weight and potentially earn cash prizes at the same time. However, it's important to note that the effectiveness of these platforms can vary depending on individual circumstances and commitment to the program. Always consult with a healthcare professional before starting any weight loss program.

HealthyWage Pricing

HealthyWage.com Pricing:

  • Entry Fees: Participants pay an entry fee, which varies based on the challenge. For individual challenges, the minimum total bet is $200, and participants can wager up to $50 per month for 6 months.
  • Prize Payouts: Winners typically double their entry fee, but the actual payout is calculated based on the total prize pot minus HealthyWage's 25% administrative fee. For example, if you wager $300 and reach your goal, you could win up to $600 (your $300 wager plus $300).
  • Payment Options: Winners can receive their payouts via PayPal or paper check. PayPal payouts are processed within 2 to 5 business days, while paper checks incur a $7 processing fee.
  • Additional Fees: There are no fees for PayPal payouts, but standard PayPal fees of 2.9% + $0.30 may apply. For paper checks, there is a $7 processing fee.

About Healthywage.com Payment Method?

HealthyWage.com accepts payments via debit and credit cards. Participants can choose to pay their weight loss bet upfront or in monthly installments. The platform ensures security of personal information, including payment details, by using 256-bit encryption and serving all pages over TLS. Payments are processed following Payment Card Industry (PCI) standards set by VISA, MasterCard, and American Express. Winners can receive their prize money through check or PayPal, with a processing fee applied for paper checks.

HealthyWage FAQs

FAQ

HealthyWage Alternatives

Here are some alternatives to HealthyWage:

  1. DietBet: This app allows users to place bets on their own weight loss success, similar to HealthyWage.
  2. Sweatcoin: This app rewards users for physical activity with a digital currency called "sweatcoins".
  3. Noom: A comprehensive weight loss program that combines diet, exercise, and mental health strategies.
  4. WayBetter: This app hosts games that encourage healthy habits, with cash prizes for winners.
  5. Weightwatchers: A well-known program that uses a points system to promote healthy eating habits.
  6. Bariatric Medical Institute: This organization offers medically supervised weight loss programs.
  7. Fitbotic: This app provides personalized workout plans and tracks progress.
  8. Shapa: This company offers a smart scale and accompanying app to track weight loss progress.

These platforms offer various features and benefits, such as financial incentives, team challenges, individual challenges, and compatibility with other diet plans. They provide a fun and accountable way to achieve weight loss goals. However, some of them require a minimum total bet and do not allow refunds or cancellations once a challenge has started. Users can participate in multiple challenges simultaneously, potentially boosting earnings as progress in one challenge counts towards others. The payout process varies, with PayPal being the fastest option reported by users. All these platforms are legitimate and have been in the market for several years. They offer a unique blend of financial incentive and health, making weight loss an intriguing and rewarding journey.

Please note that the effectiveness of these platforms can vary depending on individual circumstances and commitment to the program. Always consult with a healthcare professional before starting any weight loss program.

FAQ

How To Open A HealthyWage Account?

To open an account on HealthyWage, follow these steps:

  1. Download the HealthyWage mobile app available on iOS and Android.
  2. Open the app and tap "Browse other challenges".
  3. Scroll down to the bottom of the screen and click on the button for company challenges.
  4. Enter your company name to search the directory, and tap "Continue".
  5. Choose your relationship with your company, and tap "Continue".
  6. If your company is hosting a Step Challenge, tap "Connect Your Device!" to have your step goal calculated before completing your registration.
  7. If you have not previously participated in a HealthyWage challenge, you will need to create an account, and can use your personal or work email address to set it up. If you already have an account with HealthyWage, you will log in with your same user details.
  8. Select your Step Tracker to sync your steps and determine your Daily Step Goal. HealthyWage syncs with Fitbit, Garmin, Health Connect, Apple Health, and Samsung Health.
  9. Review your Daily Step Goal, then tap "Complete Registration".

After completing your registration, you're all set and ready to participate in the challenge! If you have any questions or need assistance, please reach out to HealthyWage's Participant Support at info@healthywage.com. Remember, the effectiveness of these platforms can vary depending on individual circumstances and commitment to the program. Always consult with a healthcare professional before starting any weight loss program.

FAQ

About About HealthyWage

HealthyWage.com offers a unique approach to weight loss through incentive-based challenges. Participants can join various challenges like the HealthyWager, where they bet on their weight loss and can win up to $10,000. There's also the Team Challenge, where teams of five compete for a top prize, and the 10% Challenge and BMI Challenge, which focus on individual goals. Additionally, the HW Store rewards users with points for purchases that support their health journey, which can be redeemed towards challenges or as cashback. These innovative services combine financial incentives with social support to encourage healthy weight loss.

FAQ

About Healthywage.com Popular Products and Services?

HealthyWage.com is known for its incentive-based weight loss challenges that reward participants with cash prizes. The most popular offerings include the HealthyWager, where individuals bet on their own weight loss to win up to $10,000; the Team Challenge, where teams compete for a top prize; and the 10% Challenge and BMI Challenge, which focus on individual goals. These challenges are designed to make weight loss exciting and rewarding, leveraging the power of financial motivation and social support to help participants achieve their health goals.

FAQ

About Healthywage.com Prices and Cost?

At HealthyWage.com, the cost to participate in weight loss challenges is variable. The HealthyWager challenge allows participants to win up to $10,000, with a prize range typically between $490 to $1,149. The amount one can win is influenced by several factors, including the amount of weight one aims to lose, the timeframe set for the goal, and the monthly bet amount. The minimum total bet must be at least $100, and participants can choose to pay this in monthly installments or all at once at the start of the challenge. Entry fees for challenges can start as low as $10. Participants are required to go through a verified weigh-in at the beginning and end of the challenge to qualify for the prize.

FAQ

How does the HealthyWager work?

HealthyWager operates on the principle of financial motivation for weight loss. Participants place a bet on their ability to lose weight within a set timeframe. Upon registration, you decide on the amount of your wager, which can be paid in full or in monthly installments over the course of the challenge. If the weight loss goal is achieved and maintained by the end of the challenge, the prize is paid out. The prize amount can be substantial, with the maximum offer being $10,000. The prize calculation is influenced by the amount wagered and personal data, such as current weight. The minimum weight loss goal is 10% of the starting weight. To win, the starting and ending weights must be verified through HealthyWage's system. If the goal is not met, the wager supports HealthyWage, including prizes for other winners. The process is designed to provide both fun and accountability, with the ultimate aim of encouraging significant, health-improving weight loss.

FAQ

What is the typical duration of a HealthyWage challenge?

The typical duration of a HealthyWage challenge can vary, with participants having the option to choose a challenge period ranging from 6 to 18 months. The challenge starts on the day the starting weight is verified, regardless of when the wager is placed. During this period, participants work towards their weight loss goal, and if successful, they win the cash prize they wagered at the beginning. The flexibility in the duration allows participants to set realistic and personalized goals for their weight loss journey.

FAQ

Tell me more about Healthywage.com

HealthyWage.com is a platform that offers cash-based weight-loss challenges designed to motivate and support individuals in achieving their weight loss goals. Founded in 2009, it has become a leading provider of outcomes-based corporate and consumer weight loss programs. The challenges include HealthyWager, where participants can bet on their weight loss and win up to $10,000, and Team Challenges, where teams compete for a top prize. The site emphasizes the power of financial incentives, social motivation, and positive peer pressure to help users lose weight. It's based on academic research showing that monetary rewards can significantly boost the success of weight loss efforts. HealthyWage has paid out over $5.5 million to participants who have hit their goals, demonstrating the effectiveness of its approach to weight loss.

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