John Hancock is offering a program that could help some people with diabetes save money on life insurance.
The Boston-based Manulife Financial Corp. unit is teaming up with Onduo — a health tech company with a complicated family tree — to introduce the John Hancock Aspire with Vitality program.
John Hancock has already been offering a Vitality life insurance wellness program to all of its life policyholders. Participants who use an app to monitor their health, and who take health improvement advice, can use the program to cut their life insurance premiums by up to 25%.
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The new Aspire program crosses John Hancock’s Vitality program with diabetes management tech from Onduo. Aspire participants with either Type 1 diabetes or Type 2 diabetes can use the program to cut their premiums by up to 25%, when compared with what they would pay without access to the Aspire program, John Hancock says.
The Aspire Family Tree
Onduo is the South San Francisco-based child of Sanofi — a drug manufacturer — and Verily Life Sciences LLC.
Verily is the corporate daughter of Alphabet Inc. Alphabet is Google’s mom.
Verily and Google are sisters.
Onduo is Google’s niece.
Aspire is Google’s great niece.
People need to have just the right level of sugar in the blood. High levels of sugar can kill people by damaging their blood vessels, kidneys and other organs. Very low levels of sugar can cause people to fall into a coma and die.
Insulin is a hormone that helps regulate blood sugar levels.
In people with Type 1 diabetes, the immune system destroys most or all of the insulin-producing cells.
In people with Type 2 diabetes, which is often associated with obesity, the body may make some insulin, but the amount of insulin produced is too small, or the body may resist the effects of the insulin.
The Aspire Program
People with diabetes who join the Aspire program will get access to the Onduo online diabetes clinic, along with a blood glucose monitor that connects with an Onduo diabetes management app.
Participants will get personalized education, diabetes management prompts, incentives and rewards.
John Hancock life insurance policyholders with diabetes will have access to the standard Vitality health coaching, wellness benefits and rewards programs. They can also earn extra incentive points for taking steps to manage or improve their condition.