An emerging trend in the healthcare industry is wearable technology, which is reshaping how Medicare brokers advise their clients. Major carriers are not adopting policies that incorporate wearable technology.<\/p>\n\n\n\n
Just what exactly is<\/em> wearable technology? These devices are commonly worn as bracelets or rings and can monitor or track major health concerns among Medicare beneficiaries. Activities such as sleep health, eating habits, exercise, and more disease precursors are all monitored by the individual (and the app) who pays attention to trends and spikes.<\/p>\n\n\n\n Rosamaria Marrujo, a board member of the Sacramento Association of Health Underwriters (SAHU), says, \u201cThese factors could theoretically bring down insurance premiums and therefore change how clients choose their Medicare policies.\u201d<\/p>\n\n\n\n Regulations on wearable technology are underdeveloped relative to the expansion they are seeing. Despite a rising concern for public health due to possible privacy violations, the Food & Drug Administration (FDA) does not classify wearable technology as medical devices. In California, the Consumer Privacy Act went into effect in January 2020, allowing people to stop companies from selling their information upon request. With this implementation, a movement could be sparked, igniting stricter regulations for wearable technology in the health insurance market.<\/p>\n\n\n\n \u201cBoth the advancement in wearable tech and these new privacy chances are influencing how older clients are deciding on healthcare plans. The bottom line is, this trend is not stopping; it has already reached Medicare beneficiaries who have questions. The successful Medicare brokers will be able to anticipate this and explain the impact to their clients,\u201d said Marrujo.<\/p>\n\n\n\n For more information about offering Medicare to your clientele, contact the experts at Omega Benefit Strategies today. Omega Benefit Strategies<\/a> provides seniors who are affiliated with credit unions, labor unions, and associations an educational resource for Medicare. Our turnkey marketing packages seamlessly integrate with existing market strategies. We can help businesses increase new member acquisitions, bolster retention, cross-sell opportunities via our \u201cscorecard\u201d system, and even earn an ancillary revenue stream. Accommodating any size membership, we maintain exemplary member service and offer top-notch products. Contact us today by going to www.omegabenefit.org<\/a> or call 888-404-5049<\/a>.<\/p>\n\n\n\n Written by the digital marketing staff at Creative Programs & Systems: <\/em>www.cpsmi.com<\/em><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" An emerging trend in the healthcare industry is wearable technology, which is reshaping how Medicare brokers advise their clients. Major carriers are not adopting policies that incorporate wearable technology. Just what exactly is wearable technology? These devices are commonly worn as bracelets or rings and can monitor or track major health concerns among Medicare beneficiaries. … <\/p>\n
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