Wearable technology may change the nature of workers compensation claims

workers compensation safety month

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…

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Insurance news is featuring wearable technology at an increasing rate

smartwatches insurance news wearable technology

Many are predicting that wearables could provide the industry with some considerable shakeups. Although the term wearable technology was virtually unrecognized in the mainstream public only a year or two ago, it has now reached the point that it is making regular insurance news headlines because it looks as though it will become popular enough to give the industry quite a shakeup. There are many different kinds of wearables – from smartwatches to smartglasses – that are becoming commonplace. Not too long ago, these devices were seen as something that…

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Insurance news zooms in on wearable technology

fitbit fitness tracker health care life insurance technology

Everything from trackers to wristbands and smartwatches are offering considerable opportunities to health insurers. Health insurance news is abuzz with the some of the latest mobile devices that are rapidly becoming mainstream, in the form of wearable technology gadgets that are sensor rich, providing considerable feedback about a person’s fitness levels and his or her body’s response to various activities throughout the days, weeks, and months. Although this would have sounded like something out of a movie, this tech is already readily available. With everything from the FitBit to the…

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