Life insurer John Hancock says it will use Halo data to track plan holders. Yesterday, Amazon unveiled a new health and fitness tracking wristband called Halo, along with a subscription service and app, to rival existing wearables like the Apple Watch and Fitbit.
Yesterday, Amazon unveiled a new health and fitness tracking wristband called Halo, along with a subscription service and app, to rival existing wearables like the Apple Watch and Fitbit.
The $100 gadget comes with new features beyond what existing consumer health devices already offer: one that measures your percentage of body fat and another that analyzes your emotional state by listening to the tone of your voice. Like other wearable trackers, it also monitors physical activity, heart rate, and sleep phases.
One of the oldest and largest North American life insurers, John Hancock, is partnering with Amazon to offer its members a free Amazon Halo device and a three-year membership, which typically costs $3.99 a month. In exchange, members will have to hand over their data to their insurer, which will use it to award discounts on premiums and other rewards.
Other insurers could follow Hancock’s lead. Insurance companies are increasingly turning to tracking apps to monitor policyholders more closely, raising concerns over privacy, accuracy, and even discrimination.
In 2018, John Hancock announced it was transitioning its business model to only sell these so-called interactive policies, which allow plan holders to share data from smartphone apps and wearable devices.
“Consumers know that companies have a ton of data about them these days.”
The company has an existing app that integrates with the Apple Watch, Fitbit, and now Amazon Halo. Policyholders can earn points for doing things like exercising, buying healthy foods, and seeing their doctor. Those points accumulate and determine someone’s status level, which allows them to get discounts on their premiums and choose their own rewards, like gift cards. Brooks Tingle, president and CEO of John Hancock Insurance, tells _OneZero _that the company’s “most engaged” participants earn a 25% reduction on their life insurance premiums. People can choose not to share their data, but they don’t get the same perks.
How to Build and Manage Infrastructure as Code with Amazon Web Services - AWS CloudFormation, AWS CloudWatch and Amazon EC2
An Introduction to Infrastructures for WEB projects in AWS - Let's review a particular project in detail and the cost of infrastructure maintenance. And so, we have an internal WEB application that consists of a static website on React, a backend on Go, and a database DynamoDB. All code is stored on Github and for CI/CD we use Github Actions. The infrastructure code is defined in Terraform.
Recently, AWS announced the beta release of Amazon Honeycode, a fully managed service allowing customers to build mobile and web applications without writing any code quickly.
Easily run Kubernetes-based applications on AWS by leveraging AWS Fargate and Amazon Elastic Kubernetes Service together. Learn more here.
In this video we will see What is AWS? and we will look into An Introduction to Amazon Web Services.