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.
Casey Johnston reports that the supposedly improved keyboards in new MacBook Pros still suffer the same old problems. Several users in the MacRumors keyboard thread suggested that the butterfly keyboards Apple has been pushing for two years now are a stepping stone to full touch-screen models; no keys, no mechanisms, no nooks and crannies, just […]
More on the story of how Epson tricked its customers into installing a fake "update" to their printers so that they would stop accepting third-party and refilled ink cartridges: not only does this force Epson customers to pay more for ink, but it puts everyone on the internet at risk, by teaching people not to […]
Back in 2014, David wrote up Jeremy Bell's prototype "ScrubBoard" that enabled a scratch-like effect with magnetic audiotape. Bell writes, "I've made a lot of progress on my device since then, and I have a much more sophisticated prototype that uses a motorized tape loop and can record live audio directly onto the tape while […]
Speed reading isn’t just an innate skill possessed by a lucky few. Anyone can learn to speed read, and the benefits are endless. The brain can process more information than most people have time to soak up, but you can make that time now with the 2018 Award-Winning Speed Reading Bundle. The first half of […]
Sure, you could use the same old PowerPoint templates for your next business presentation. It’s not like you have bosses or investors to impress. Oh wait, you do? Time to augment that slideshow with Slideshop – the presentation tool that can individualize your pitch while saving you time. Compatible with PowerPoint, Keynote and Google Slides, […]
Multinational companies have used the no-nonsense methodologies of Six Sigma and Lean Six Sigma to oil a smooth-running operation for years. What is it? Six Sigma (and its offshoot, Lean Six Sigma) apply the principles of science to business, teaching managers to methodically target waste, maximize output and streamline the flow from producer to consumer. […]