Vancouver’s PAI Health has partnered with Cigna Singapore to launch the world’s first health insurance that harnesses wearable technology to make cover more affordable.
The partnership aligns Cigna’s Individual Health Insurance plans with PAI’s (Personal Activity Intelligence) algorithm to measure heart health and improve cardiorespiratory fitness. Compatible with many popular wearables, it creates activity goals based on each individual’s profile and biometric data.
The algorithm then measures the body’s response to each activity to further optimize people’s individual plans and improve their cardiorespiratory fitness, a leading predictor of health and longevity.
The partnership with PAI Health adds to Cigna’s ongoing integration of technology to enhance people’s health and well-being.
As part of this new wearable-based program, Singaporeans who join will be invited to share their activity data with Cigna. Then, using PAI’s interactive Health Dashboard which tracks their PAI Scores, cardiorespiratory fitness and activity levels, Cigna Singapore will be able to develop a health insurance pricing plan uniquely tailored to the individual’s ‘real time’ health behavior and lifestyle.
“We chose to partner with Cigna to launch this in Singapore thanks to the country’s long pedigree of supporting innovation, as well as its commitment to national health through its ‘Get Active!’ campaign,” said Sally Powell, General Manager, PAI Health.
“Our partnership with Cigna will ensure that people’s healthy lifestyles are rewarded through lower premiums for health insurance, both improving overall health and reducing the cost of healthcare.”