Skip to Main Content

Knowledge Center

Wellness/Consumer Engagement

Can Demystifying Wearable Data Save Policyholders and Payors? A Proposition

Wearable data shows enormous promise in empowering health insurers and policyholders to better understand risk, but research into potential premium discounts linked to this information has been lacking ... until now.


One factor limiting use of wearable data is a lack of research into the linkages between common metrics and medical expenses. RGA's John Rutherford introduces promising RGA research into three common measures – physical activity, sleep and heart rates –  based on population-level datasets. The results are striking.

John also explores potential applications of this data, from underwriting and claims management to cross-selling and up-selling opportunities and wellness program propositions. Finally he addresses operational, data security and regulatory considerations and introduces the advantages of joining health insurance ecosystem such as RGA's HEIDI. 
 
See also: Rethinking Health Insurance with Wearable Data 


At RGA, we are eager to engage with clients to better understand and tackle the industry’s most pressing challenges together. Contact us to discuss and learn more about the RGA capabilities, resources, and solutions.  



The Presenter

  • John Rutherford
    BSc, FIA
    Senior Vice President – Head of Global Health
    Global Health

Summary

Curious about RGA's medical insights?  Contact us to learn more. 

This video was developed in conjunction with actuview, the first permanent international media platform for actuaries (www.actuview.com). actuview content reflects contributions from actuarial institutions, corporate partners and industry professionals. RGA is actuview’s sponsoring partner.

https://player.vimeo.com/video/652152030
  • Anil Sanwal
  • behavioral science
  • caregiving
  • consumer Engagement
  • customer engagement insurance
  • customer experience insurance
  • customer relationship insurance
  • demographic insurance
  • e-cigarette underwriting
  • eldercare
  • emerging market
  • fitness tracker insurance
  • insurance application contestability
  • insurance application regulation exclusion
  • insurance bundle
  • insurance linked wellness program
  • internet of things insurance
  • Iot data insurance
  • IoT insurance
  • John Rutherford
  • life-style related mortality
  • lifestyle-related morbidity
  • low income
  • mental health
  • microinsurance
  • morbidity improvement
  • Ola Oyekan
  • Peter Ying
  • protection gap
  • rules engine
  • rules set
  • SI life insurance
  • simplified issue
  • simplified underwriting
  • simplified underwriting life insurance
  • underinsured
  • underwriting automation
  • uninsured
  • upselling insurance
  • wearable
  • wearable data insurance
  • wearables
  • wearables insurance
  • wearables risk assessment
  • wellness
  • wellness program wearables