We are all connected. By that, we mean the internet has infiltrated nearly every aspect of our lives. And now, with the advent of the Internet of Things, inanimate objects are getting in on the action too. It's no secret that staying hydrated is essential for a healthy body and mind.
But let's be honest, how many of us really drink enough water every day? According to a recent study, the average person only drinks about 1.5 liters of water per day, which is far below the recommended 8 glasses. This is where the INGO Health smart water bottle comes in. This handy little gadget was introduced by CME to help people drink adequate amounts of water daily, and is now a prominent IoT use case.
As an accurate water tracking tool that measures water intake, the solution has solidified itself as a game-changer for health insurance firms. An example of how accurate water readings can help is kidney stones, which is a classic – but in most cases preventable –re-occurring claim. By encouraging people to drink more water and track their intake, the INGO Health smart water bottle is helping to reduce the number of claims related to kidney stones.
So, next time you reach for a sugary soda or coffee, think twice and grab some water instead – your health (and your wallet) will thank you!
How It Works
The INGO Health smart water bottle uses sensors to track how much water you drink and syncs that information with the free INGO Health mobile app. The app then provides you with reminders and rewards to help you reach your hydration goals. And if that wasn't enough, the app also connects to fitness trackers to share data and enable peer-to-peer encouragement (or healthy competition, depending on how you look at it). All told, it's a pretty nifty solution.
The Benefits for Health Insurance Firms
A product like the INGO Health smart water bottle has obvious implications for individual users. But what about businesses? Well, as it turns out, IoT is also having a big impact on health insurance firms – specifically in the area of claims management.
You see, one of the main problems facing health insurers is that they often have a hard time accurately assessing risk. This is where the INGO Health smart water bottle comes in. By providing detailed data about an individual's hydration habits, insurers can get a better sense of which claimants are more likely to experience certain types of problems down the road. In turn, this allows them to adjust their rates accordingly and – perhaps more importantly – proactively address potential issues before they become full-blown claims. So not only does the INGO Health smart water bottle help people stay healthy, but it also helps keep insurance premiums low. Everybody wins!
It's clear that IoT is here to stay. And as more and more sentient devices come online and begin sharing data, we can expect even greater innovation in the months and years ahead. Exciting times indeed!
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