Apple will provide in-house medical care for employees

Greg S

Posts: 1,607   +442

As the cost of health insurance and medical care continues to rise, Apple has a unique solution to combat the increased expenses. Subsidiary company AC Wellness has plans to build two clinics in Santa Clara, California. The first will be inside of the Apple Park spaceship with the other slightly north of Cupertino headquarters.

Only Apple employees and immediate family members will be eligible for treatment at the new medical facilities. Based on job postings for the new clinics, services are expected to focus on healthy lifestyle choices and diet counseling in addition to traditional primary care.

Apple has already made investments into healthcare with its ResearchKit and HealthKit tools to track personal health. The Apple Watch is still being tested to see how many different medical conditions can be detected and prevented early on and shows surprising levels of accuracy. Increasing the sample size of patients using the Apple Watch could help accelerate the development of improved monitoring tools.

With over 120,000 employees, Apple has a large number of people in need of health insurance and medical care. Bringing in staff to offer medical services in-house could become a new trend among large corporations as a way to reduce expenses. Amazon recently has formed a partnership with J.P. Morgan and Berkshire Hathaway to explore private medical care options.

For Apple, offering medical care is more than just a perk for employees. It is a research investment that could help it build brand reputation in the medical industry for wearables, and in turn, promote its entire ecosystem of products to large businesses.

Permalink to story.

 
This may be new for Apple, but not really for fortune 500 companies. My employer is in the Fortune 100, is not a medical company, and there are medical offices complete with a full staff of doctors and nurses. You can even make that your primary care, if you're dumb enough to let your employer be your health care provider.
 
Self-Insurance is a good business decision and almost always much cheaper than paying for-profit fees for multiple layers of bureaucracy. When the Company can directly provide the delivery of medical service in-house, it works for all. This is exactly how Kaiser Permanente got started. Yes, it's now available to the public and can be expensive, but originally it was only available to employees.

Services are typically provided at a central site, so all those Apple Store employees don't get the same level of service, but that's typically resolved with vouchers for X dollars to cover walk-in service more local to the employee.
 
Back