Healthcare Spending 2 trillion Dollars 2005
Projected to be 4 trillion by 2015
1.4 trillion dollars spent on Chronic Disease 2012
Fee for Service perpetuates expensive care.
Diabetes, Stroke, Hypertension and Heart Disease
Wellness Programs low tech, expensive and ineffective
Real time biometrics
Utilize emerging M health device data
Cash incentives for objective improvements in health
Consumer Mobile Apps Mainstream
Explosion in Inexpensive connected health devices
Qualcom 2net launch 2012 with API
Smart Phones Ubiquitous ( IOS and Android)
Mobile Apps projected 25 billion a year Industry
Remote Monitoring Projected at 11 billion a year
Preliminary market research suggesting 4 to 10$ per
user per month
Free to Freemium Model
Consumer Model MR at 5 to 10$ a year
Sale through brokers may command premium pricing
compared to consumer pricing
Broker sale added to wellness offerings
Brokers NEED wellness to offer instead of insurance !!
Potential Partnership exclusive to region?
Timing of sales cycle?
Validation of features?
Secure discounts from insurers?
Exclusivity pending acceptable sales cycle?