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Aetna’s New Health & Wellness Move Includes the Apple Watch

We’ve heard of a number of health & wellness programs being embraced by Corporate America as a way to mitigate rising healthcare costs. Some of these programs have included fitness trackers and other wearables, usually from Fitbit (FIT), but Aetna’s (AET) new program with the much higher priced Apple Watch is likely bringing a smile to Apple (AAPL) CEO Tim Cook.

Healthcare company Aetna shared today that it is partnering with Apple on a new health and fitness initiative for its employees and customers using the iPhone, iPad, and Apple Watch starting in 2017. Aetna will be providing its 50,000 employees with Apple Watches at no cost and subsidizing the cost for large employers and individual customers through a new healthy living initiative.

Source: Aetna launching free Apple Watch program for 50,000 employees, customer & employer subsidies to lower price | 9to5Mac

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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