16Nov/16Off
John Hancock insurance is subsidizing the cost of the new Apple Watch
A number of health insurance companies have embraced wearables as a way to get their subscriptions to be more activity, including Aetna, which recently announced a major plan to subsidize the Apple Watch. Canada-based financial group John Hancock is getting on-board as well, announcing a subsidy program that offers up the Apple Watch Series 2 for as little as $25 to active members, through its Vitality program.
Interested parties who sign up will get the watch as part of the program, with the activities they log through walking, running, biking and swimming going toward the end payment of the wearable. So, $25 upfront, and you stay active, that’s all you’ll have to pay. If you fail to meet those goals, there’s a monthly fee on the device spread out over the course of 24 months.
See the full story here: https://techcrunch.com/2016/11/15/watch-insurance/