Happy Fall to everyone. With the release of the new iPhone 6 and the new Apple Health App, the “wearable tech” market is really gaining traction. Along with the exercise bracelets which are now ubiquitous, many other tech companies will soon be releasing their own gadgets to compete on what is expected to be the next big thing.
I was reading this morning the following at Politico.com: http://www.politico.com/story/2014/09/health-applications-wearables-congress-111299.html
As the market for the devices grows, however, the companies that make them and collect the data are coming under increasing scrutiny over privacy and security issues, because everything from heartbeats to insulin deficiencies will be stored on the devices and possibly on the cloud. Under the old Health Insurance Portability and Accountability Act (HIPAA), these devices – Fitbits, Jawbones and the like – aren’t covered. But some regulators and lawmakers believe that at least some of them should be regulated like other medical devices.
The tech industry is trying to stay one step ahead of the regulators, and Apple is leading the way.
Again, it is only a matter of time before someone sits down to create the app to monitor sobriety, blood levels, and the like. You could be the one…..
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