Vitality Health is using big data and the Internet of Things to learn more about customer lifestyles. A health insurance company is considering using similar tracking concepts to the auto coverage industry. Vitality Health believes that its policyholders will be willing to exchange their healthy lifestyle data for incentives. The idea is to reward those with healthier lifestyles with discounts, thereby encouraging healthier habits. The health insurance company is hoping to change the way people are viewing wellness. They are aiming to offer discounts to individuals who live healthier lifestyles.…
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American health care turned on its head by Amazon, JPMorgan and Berkshire Hathaway
The three companies are entering into a partnership to address medical care issues for their US employees. Amazon, JPMorgan Chase and Berkshire Hathaway have announced that they will be working together to discover ways to improve American health care for their U.S. employees. The goal will be to boost their worker satisfaction while lowering costs related to illness and care. The three giants will be looking to offer better American health care to their employees by way of an independent company. That firm will be free from incentives and restrictions…
Read MoreCVS Health to acquire Aetna in a $69 billion bid
The retail pharmacy and health care company could create a significant shift in the insurance industry. CVS Health has made a serious bid to buy insurance giant Aetna for a price tag of about $69 billion. Should this acquisition close, it could push the retail chain further into the health care industry while offering a key client significant protection. The announcement of the health insurance company’s acquisition was made at the start of this week. This acquisition will have CVS Health Corp. paying approximately $207 in cash and stock for…
Read MoreTrump says health insurance executive order will offer “great, great” coverage
The President has promised Americans that their options will improve once he reduces policy restrictions. President Donald Trump says that once his health insurance executive order is signed, Americans will see more plan options. The order is designed to reduce restrictions for policy buying across state lines. The executive order will be signed likely this week, said Trump when speaking from the Oval Office. The specific details of the health insurance executive order have not yet been released. Trump said it was “very simple in one way, but intricate in…
Read MoreAbortion insurance coverage limits passed in Texas House
Women in the state will need to pay an additional health plan premium to include non-emergency abortions. Texas abortion insurance coverage will soon involve an additional health plan premium for women who want this added protection. The Texas House recently passed a new bill. It would mean that non-emergency abortions, what opposition are referring to as “rape insurance” will require women to pay more. House Bill 214 received early approval in Texas making it more likely that women will need to pay more for elective abortions. The additional abortion insurance…
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