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I heard many companies provide all kind of benefits by joining just about anything to make you healthy, like running central park, taking seminars. I guess these enterprises can negotiate group health plan premium by doing so.
This country, US, spends about 17% of gross domestic income to health products, which is 17% of 15 trillion dollars.
I am skeptical with the success of rumored iWatch, but this health kit seem to have a lot of potential.
 
Being rewarded in the form of cheaper insurance for being active is great. I'm all for it despite the creepy factor of having such personal information pushed to insurance companies. As long as one can opt in or out, I don't see a problem.

Before you get too excited, read the source article. Most of it is about how employers are trying to reduce their insurance costs. As usual MR makes a bit of a muddle out of what was really being reported.
 
No, this poster is in touch with realty. Insurance companies are in the business of collecting as much money in premiums as possible while paying out the very least in claims. It's known as profit. Shareholders like profit. That's why they buy stock.



TC may bellow to AAPL owners at the annual shareholder meeting to get out if they want ROI. Theatrics. He'll sell your liver if you make it available. Profit. It's the entire game.


In the US, since the ACA passed, insurance companies must spend at least 80% of premiums collected on their customers health care costs. If they spend less, they have to refund the customers.
 
I'll pass

No thank you. All parties involved in the 'healthcare' industry don't need to know siht about me. Much too "big brother".
 
Here's an idea: strap the pedometer to a dog, and enjoy the discounts.

The point is, the excuse will be "healthy people will pay less" whereas the real reason will be to make the others pay more. It's like a cell data plan that would cap the 5 percent who use the most data. After a while, a naturally occurring revolving movement would appear, so everybody will pay more.

You sign waivers and there are penalties if you get caught. Do it if you want, but I want to stay healthy. Im not walking to get $100, thats just a nice bonus.

This has been in health plans for a long time, and frankly if you take proactive measures yourself such as exercise why not get a perk for it?
 
as long as the iAnalProbe is not mandatory...

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which is very true, thank goodness. However I think that they can drop you if the behavior is not consistent to the insurance policy (for example, you have a heart condition and eat fries every day).

A iPhone compatible anal probe? That would be a great wearable for the Wall Street analysts. If you are bearish on apple, you get a shock, if bullish a puff of lavender.
 
I don't live in London :). There post a monthly policing report with various crime-stats by our post office, the highlight of last month was various gnomes being stolen from back gardens. It wasn't me!

it all begins with stolen gnomes. you will have gangs, mobs and pandemics before you know it.
 
Well, i think you always have the opportunity not use it. So no stress. I can't imagine that Apple will force you to use this. Why would they?

Luckily i live in Europe, and the health insurance overhere is a bit healthier (i guess) ;)
 
Yeah, like we are going to see one dime of that 30%

I currently get a 20% discount on my health insurance premium by simply being within the "healthy" range for two out of three metrics: BMI, cholesterol ratio, and blood pressure.

I pass all three, with no problems. But even employees that cannot only have to show improvement over a six month period.
 
It will eventually be a requirement so that insurers are actually tapped into your biology. They'll know if you're skinny, fat, infirm. have diabetes, or any other malady. Or whether you're the slightest inkling to getting any maladies.
 
"sorry we see that you havent worked out using the health app 2 years ago on a monday. therefore we regret to tell you that we cannot cover your bill"

greaaaat things to come. oh well i am not an us citizen so health insurance is all good

And the same thing is starting to happen with auto insurance.

We should all think about the monsters we feed with our data. I prefer to pay a little more while denying the beasts as best I can. I'm not so poor or cheap that every decision is driven by monetary considerations alone.
 
It will eventually be a requirement so that insurers are actually tapped into your biology. They'll know if you're skinny, fat, infirm. have diabetes, or any other malady. Or whether you're the slightest inkling to getting any maladies.
And thats exactly right..something like this will be explained as you getting a discount or some kind of benefit by using it, but actually the insurance companies which like to never pay if at all possible would use this to find any reason to use the information against you. Lets not forget that the healthiest of people can get any number of health issues. How happy would you be if you took care of yourself and wound up with some kind of issue that the insurance company decides is somehow your own fault?
 
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