FwdHealth Helps Companies Cut Insurance Costs With Their Workers' Data

By: Alyson Wyers - Jul 18, 2014
References: fwdhealth.co & techcrunch
In an effort to cut insurance costs for businesses, this app sends your health and fitness information tracked by other apps and wearable technology to your employer. FwdHealth links up with your other existing health and fitness applications on your phone and sends the collected data in an organized and aggregated report. While employees benefit from employer-given health insurance, it's the companies that pay the high premium costs if their workers don't take care of themselves.

This simple but intrusive innovation allows employers to track the health and wellness of their employees, giving them the opportunity to intervene and respond when appropriate. By showing their employees are healthy, employers also get the chance to cut insurance costs. FwdHealth also encourages companies to offer health incentives to their workers.