Financial incentives to improve health have received increasing attention, but are subject to ethical concerns. Monetary Contingency Contracts (MCCs), which require individuals to deposit money that is refunded contingent on reaching a goal, are a potential alternative strategy. This review evaluates systematically the evidence for weight loss-related MCCs. Randomized controlled trials testing the effect of weight loss-related MCCs were identified in online databases. Random effects meta-analyses were used to calculate overall effect sizes for weight loss and participant retention. The association between MCC characteristics and weight loss/participant retention effects were calculated using meta-regression. There was a significant small-to-medium effect of MCCs on weight loss during treatment when one outlier study was removed. Group refunds, deposit not paid as lump sum, participant setting own deposit size, and additional behaviour change techniques were associated with greater weight loss during treatment. Post-treatment, there was no significant effect of MCCs on weight loss. There was a significant small-to-medium effect of MCCs on participant retention during treatment.Researcher-set deposits paid as one lump sum, refunds delivered on an all-or-nothing basis and refunds contingent on attendance at classes were associated with greater retention during treatment. Post treatment, there was no significant effect of MCCs on participant retention. The results support the use of MCCs to promote weight loss and participant retention up to the point that the incentive is removed, and identifies the conditions under which MCCs work best.Key words: Weight loss, Obesity, Incentives, Contracting
Monetary Contingency Contracts 3The worldwide prevalence of obesity has almost doubled since 2005, with at least 2.8 million adults dying each year as a result of being overweight or obese (World Health Organisation, 2013). Despite the availability of clinical guidelines (e.g., National Institute for Health and Clinical Excellence, 2014) and research reviews on the most effective techniques for weight management (e.g., Dombrowski et al., 2012), the predicted global increase in overweight and obesity (Kelly, Yang, Chen, Reynolds, & He, 2008) suggests that further weight management research is needed. A potentially less controversial way of providing personal financial incentives for health behaviour change is to encourage individuals to invest a sum of money that is refunded contingent on the achievement of a specific goal. As long as this approach is voluntary, it may provide a fairer and less coercive form of financial incentive, as it does not involve the offer of external financial gain. It could be argued that offering this type of incentive as an intervention may be less fair for individuals on lower incomes as they may be less able to deposit a sum of money to be used as a reward. However, this could be overcome by setting deposit amounts as a Monetary Contingency Contracts 4 certain percentage of disposable ...