A major US health insurance company on Monday said it will help buy Apple Inc’s smartwatches for customers as part of a move to integrate the gadgets into wellness management programs.
Aetna Inc said that, in the coming open enrollment period, it will make Apple Watch buys an option for large employers and individual customers, becoming the first major healthcare company to subsidize “a significant portion” of the cost of an Apple Watch.
Aetna would let people pay off the balances of Apple Watch buys using monthly payroll deduction plans if they wish.
Aetna describes itself as one of the US’ leading diversified healthcare benefits companies, serving an estimated 46.3 million people.
Along with the customer program, Aetna said that it planned to give each of its nearly 50,000 employees an Apple Watch if they take part in a company wellness program incorporating the Internet-connected wrist wear.
“We are incredibly excited to use iPhone, iPad, and Apple Watch to create simple, intuitive and personalized technology solutions that will transform the health and wellness experience for our members,” Aetna chief executive 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,” he said.
Apple Watch devices synch wirelessly to iPhones.
Aetna said that, with support from Apple, it is planning health initiatives exclusively tied to the California-based company’s iOS mobile operating system.
Initiatives will include health apps tailored for iPhone, iPad, and Apple Watch, according to the insurance company.
Features in Aetna health apps, set for release next year, were to include help understanding illnesses or remembering to take medicines.
Apple Wallet digital billfold would be incorporated into Aetna apps, to let people pay medical bills or prescription costs.
Apple has built features into Apple Watch, and the operating software for its mobile devices, to make them potentially powerful and personalized tools for individual health, as well as broader medical research.
Global smartwatch shipments have soared eight-fold — from 5 million units in 2014 to 40.3 million last year, according to estimates by Gartner consultancy.
However, the pace of growth has since slowed, with 60.4 million watches to be shipped this year and 66.3 million next year.
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
VERTICAL INTEGRATION: The US fabless company’s acquisition of the data center manufacturer would not affect market competition, the Fair Trade Commission said The Fair Trade Commission has approved Advanced Micro Devices Inc’s (AMD) bid to fully acquire ZT International Group Inc for US$4.9 billion, saying it would not hamper market competition. As AMD is a fabless company that designs central processing units (CPUs) used in consumer electronics and servers, while ZT is a data center manufacturer, the vertical integration would not affect market competition, the commission said in a statement yesterday. ZT counts hyperscalers such as Microsoft Corp, Amazon.com Inc and Google among its major clients and plays a minor role in deciding the specifications of data centers, given the strong bargaining power of
TARIFF SURGE: The strong performance could be attributed to the growing artificial intelligence device market and mass orders ahead of potential US tariffs, analysts said The combined revenue of companies listed on the Taiwan Stock Exchange and the Taipei Exchange for the whole of last year totaled NT$44.66 trillion (US$1.35 trillion), up 12.8 percent year-on-year and hit a record high, data compiled by investment consulting firm CMoney showed on Saturday. The result came after listed firms reported a 23.92 percent annual increase in combined revenue for last month at NT$4.1 trillion, the second-highest for the month of December on record, and posted a 15.63 percent rise in combined revenue for the December quarter at NT$12.25 billion, the highest quarterly figure ever, the data showed. Analysts attributed the