Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Insurance Company To Monitor How Much You Exercise
Posted
April 13, 2015
Views
71,432
Likes
1,093
Comments
512
Engagement
2.25%
April 13, 2015
71,432
1,093
512
2.25%
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5:45Now Playing"Would you lead a more active lifestyle if it meant lower life insurance premiums? Insurer John Hancock and Vitality, a global wellness firm, are hoping the answer is yes. But there is a condition: They get to track your activity.
The practice is already employed in Australia, Europe, Singapore and South Africa, where Vitality is based.
The companies announced the new plan Wednesday and posted a video on John Hancock's website.
Here's how the program works: Once you sign up, John Hancock sends you a Fitbit monitor as one way to track your fitness. You earn Vitality Points for your activities. As you accumulate points, your status rises — from bronze to silver to gold to platinum. The higher your status, the more you save each year on your life insurance premiums. The points also allow you benefits at stores like REI and Whole Foods as well as hotel chains like Hyatt."
Read more here
Cenk Uygur () and Ana Kasparian () break it down on The Young Turks with Ben Mankiwicz of What The Flick? and Turner Classic Movies.
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