Apple to Seek Subsidies for iWatch From Health Insurance Companies?

Apple to Seek Subsidies for iWatch From Health Insurance Companies?

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ella kallish - April 14, 2014 at 4:32pm
If the health insurance companies subsidize this consumer purchase then the insurance companies will also have access to the wearers habits. This is very similar to the car insurance companies (started by Progressive), that gave the driver the idea that if they used a device in their car that sent user data to the insurance companies that distributed the device for use, the users rates would be lowered and a stipend for having used the device would also be paid to the user. Only to find that Progressive SHARED this information with other providers over the long term to set rates on individuals. FORGET IT BIG BROTHER!! Apple is getting into the business of shared data. Apple is looking for any new revenue streams that help boost their faltering bottom line.