A week ago, Apple announced a redesigned smartwatch that could track heart data, run EKGs, and even detect atrial fibrillation, promising that it would save lives. Today, one of America's biggest insurers killed its traditional life insurance policies, replacing them with "interactive" insurance that encourages users to use such devices and share the data with them to get perks.
These are already available, but will soon be the only option on John Hancock's menu.
Policyholders score premium discounts for hitting exercise targets tracked on wearable devices such as a Fitbit or Apple Watch and get gift cards for retail stores and other perks by logging their workouts and healthy food purchases in an app.
Privacy and consumer advocates have raised questions about whether insurers may eventually use data to select the most profitable customers, while hiking rates for those who do not participate. The insurance industry has said that it is heavily regulated and must justify, in actuarial terms, its reasons for any rate increases or policy changes.
"It is too early for John Hancock to determine if it is paying fewer claims because of its Vitality program," the company reports. But the writing is on the wall for those who can hide from their own health—and hide it from others. You'll need more than a lock of Jude Law's hair if you're going to get on that flight, Vincent.
I’d call it a spoiler, but you already know what’s coming: “As Seen On TV” garden gadgets are not much good, however ingenious they seem to be. Household Hacker picked up a few items and subjected them to tests. None were terrible or dangerous, but the gimmicks don’t really work — a trimmer that uses […]
The Inverter is a kickstarted, sub-$500, 34mm automatic mechanical watch built around Citizen's Miyota Calibre 9000 movement, augmented with a custom module that makes the watch run backwards, so that it can be mounted so that the movement is exposed (beneath a sapphire crystal), with the back of the watch becoming its "face."
Damon Beres notes that the situation with folding displays is quickly going to hell. Enter Samsung’s Galaxy Fold, a kind of metal and glass taco that could define a new category of personal device — provided the company can get the thing to work. Several tech writers accidentally broke the gadget’s foldable display shortly after receiving review […]
Kudos to those of us who have chosen a less wasteful third option to “paper or plastic” at the supermarket or club stores. Tote bags are reusable, but they can be a pain to tote around. Here’s an upgrade to that planet-saving measure. The Club Cart Lotus Trolley Bag is that rare tote you’ll want […]
Looking for a career in IT, gaming or software development? In the ever-changing world of the internet, versatility is your biggest asset. In other words, mastering Java might not cut it in an interview if you don’t know C#. However, there’s a bundle that covers the essentials in most any language. The Legendary Learn to […]
Getting a set of cookware that will outlast you is one of those signs you’ve truly grown up. It used to be easy to find durable materials that also cook well, but these days it can be hard to tell what’s quality and what brands are coasting by on a recognizable name. Well, there’s at […]