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Telematic devices have been used by insurance companies to collect billions of miles worth of driving data from its policy holders. Should health insurance companies be able to do the same to their policy holders through wearable tech? Defend your answer.
Cite at least 2 peer-reviewed, scholarly, or similar references.
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The paper is about the wearable device that the health insurance company introduced to their policyholders. The demand for the wearable device in the healthcare sector is rapidly growing in the market. Some of the devices in this system helps to provide suitable information regarding the facts that support the people to maintain their healthcare system. The incentivizing the healthy behavior within the common helps the insurers along with the people. Like the cost that is associated with the motor insurance for the Telematics, the health insurance also has an almost same price. But in this case, people are willing to pay to maintain their health fit and safe for the rest of their life. This is one of the best devices for the insurance company.
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