The new Apple Watch 4 doesn’t come cheap, and yet its features could seriously benefit seniors – people 65 and older who are often retired without reliable income.
Help may be on the way, as Apple is reportedly in talks with private health insurance plans to subsidize the high price of the Apple Watch, according to CNBC.
Right now, it costs $ 279 for the Apple Watch 3 at its smallest size, while you’ll have to shell out $ 399 for the Apple Watch 4. It’s even more expensive for a larger screen.
Which Apple Watch will seniors have?
Apple Watch 4 has the most benefits for the elderly because it detects falls and monitors heartbeats for any cardiac arrhythmias. But the Apple Watch 3 still has a lot to offer, as its activity tracker could inspire seniors to hit step count and close their fitness rings.
Insurance companies have been known to help lower the price of an Apple Watch or Fitbit tracker for individuals to encourage healthier habits. Today’s report goes in the same direction, but specifically concerns Apple and is aimed at the elderly.
Also benefits Apple and insurance companies
Seniors wearing an Apple Watch would not be the only ones to benefit from an Apple-Medicare agreement. It is also considered preventative care for insurance companies.
Apple, meanwhile, invites a demographic into its ecosystem every time it sells an Apple Watch. Once they buy one, seniors will need an iPhone, which happens to be the only smartphone compatible with an Apple Watch.