Tech

Does Your Health Insurance Cover A Subsidized Apple Watch?

Hemal Vora
First Posted: Sep 29, 2016 05:43 AM EDT

Even for several Apple users, buying an Apple watch is a costly affair. The Apple watch is never a necessity, unlike the Apple phones. But what if your health insurance would cover and subsidize your apple watch.

Aetna, a Health insurance company, is offering 50,000 free Apple watch to its employees.  The health insurance company will run a wellness reimbursement program for its employees. Aetna is the first company to take such an initiative for its employees.

Aetna CEO Mark Bertolini, said, "This is only the beginning - we look forward to using these tools to improve health outcomes and help more people achieve more healthy days," as reported by CNBC. The health insurance company believes such initiatives will encourage employees to live a productive and healthy life. Tracking their exercise and monitoring vital signs is the first step towards a healthy life.

Health Benefits of Apple Watch

The customers of Aetna will also get subsidized Apple watch. The health insurance company will offer monthly payroll deduction to employees of its customers who will enroll for the scheme. There will be an open enrollment period and a significant portion of the cost of watch for customers will be subsidized.

Aetna is also working with Apple to develop multi-device apps for iPad, iPhone, and Apple Watch. These initiatives will help in better management of overall health. Apple CEO Tim Cook said in a statement, "We are thrilled that Aetna will be helping their members and employees take greater control of their health using Apple Watch."

By 2017 the Health Insurance Company, Aetna, and Apple will release an exclusive ios app. This app will have a bundle of features including integration with Apple wallet, personalized health plan, medical adherence and a host of all other features.

Aetna CEO Mark Bertolini said in a statement. "This is only the beginning - we look forward to using these tools to improve health outcomes and help more people achieve more healthy days." As reported in Computer world.

We can only hope other Health insurance company take a cue from Aetna and subsidize your Apple watch for a better health management.

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