Live Insurance News

Health insurance members gain exclusive access to the Fitbit Inspire

February 14, 2019February 13, 2019 Nordstrom

Health Insurance members - Fitness Tracker

The popular fitness tracker maker has launched a new device that you won’t find in stores. Fitbit has unveiled a brand new model of fitness tracker available only to health insurance members and employees. The Fitbit Inspire was developed for this exclusive use and won’t be sold in stores or on its own website. The launch was a quiet one this month, representing its first release that won’t be available to consumers. The Fitness Inspire was developed specifically for use by health insurance members and corporate employees. The concept behind…

Apple Watch subsidy to launch at Aetna insurance

September 30, 2016September 28, 2016 Logan B.

The insurer has said that they will be willing to cover a “significant portion” of the price of the device. Consumers who have had their eye on a health and fitness tracker may be interested in the Apple Watch subsidy at Aetna. The insurance company has announced that it will be offering to pay for a portion of the price of the device when it will be used for keeping track of health data. That said, it is important to note that not all customers qualify for the subsidized smartwatch.…

Wearable technology may change the nature of workers compensation claims

October 30, 2015October 28, 2015 Julie Campbell

New breakthroughs in wearables could potentially revolutionize the healthcare industry. Recent advancements in wearable technology are changing the nature of healthcare, especially when it comes to boosting the independence and overall wellbeing of patients who are suffering from serious injuries, which could have some interesting implications for workers compensation claims. The idea is that by using wearables, the insurance industry could greatly benefit in overall claims costs. The workers compensation industry could be able to save a considerable amount on its claims while it greatly improves the quality of life…

What do insurance premiums, the Apple Watch, and the best battery bank have in common?

May 4, 2015May 4, 2015 Julie Campbell

Smartwatches and other wearables are starting to be considered to be tools for the life insurance industry. Recently, there were two very important announcements in the technology and insurance industries that have suggested that for people who want to keep their premiums down, the best battery bank they can find will soon become a very dear friend. One of the announcements was the official launch of the Apple Watch for sale in the second half of last month. In mid-April, Live Insurance News also reported on an announcement made by…

Life insurance could become more affordable with a fitness tracker

April 14, 2015April 11, 2015 Julie Campbell

fitbit fitness tracker health care life insurance technology

For the first time in the U.S., an insurer is using the same idea as pay as you drive coverage, but for a person’s health. A life insurance company in the United States is now offering a service that represents a first for the country, in which wearing a tracker that will reveal an individual’s health, location, and body information to reveal healthy lifestyle habits and reduced risk opportunities that could bring about a discount for premiums. While some are seeing this as an interesting opportunities, others are calling this…