Andrew Thomas's life insurer knows exactly when he arrives at his local gym. The company is notified when he swipes his membership card, and 30 minutes later, it checks that he is still there, tracking his location through his smartphone.
The insurance company has a vested interest in keeping Mr. Thomas alive and well. In return for sharing his exercise habits, his cholesterol level and other medical information, Mr. Thomas, a 51-year-old medical publisher who lives in Johannesburg, earns points, which translate into premium savings and other perks. By staying in good shape, it is less likely that Discovery, his insurer, will have to pay out his life and disability policies.
"Every Saturday morning, just for playing golf, I get points," said Mr. Thomas, who said he received about 9 percent back on his life insurance premiums for each of the last five years. "It is trying to make people live a healthy lifestyle."
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5 comments:
yup, give them what they want, become their investment. so they can watch everything yo do! way to creepy for me!
you pay them but they don't want to pay you.
Wow what useful idiot mmmm...guess you would jump right into further destruction of your freedoms. we have a mark we want to install on your wrist or forhead..You cant eat, buy or move without it
He should find out how much that insurance company is selling his info for. I bet it is way higher than the 9 percent discount he is getting for willingly giving them all his info.
My company is switching to a Blue Cross policy. I read online about some rewards program where if you register with them and your doctor, they get info about your health. Your weight, cholesterol, and other test results go to them so they can track you. If you stay healthy, they are supposed to pay you $300. Not sure I want to go there, even for the money.
I dunno how they are less likely to pay out a death benefit.
Is the dude gonna live forever???
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