We take better care of our cars than of ourselves... Elderly Care, Insurers, and Employers are paying the bill

Elderly Care

Elderly Care

  • 1 in 4 Americans aged 65+ falls each year
  • Every 11 seconds an older adult is treated in the ER for a fall
  • Falls in adults aged 65+ are the leading cause of head injuries and broken hips
  • Every 19 minutes an older adult dies from a fall
  • In 2013 the total cost of fall injuries was $34 billion this total cost may reach $67 billion by 2020
  • Even falls without injury can cause fear of falling, leading to physical decline, depression, and social isolation

Insurance

  • Margin & revenue erosion
  • Few customer touch points
  • Little cross-selling opportunities
  • Slow underwriting procedure
  • One-size fits all pricing
  • Low digital sales rate
  • Many intermediaries
Insurance
Employee Well-being

Employers

  • $330 per worker per day: the average direct cost of absenteeism
  • Average of 9% workers absent per day
  • $2,615 per worker: estimated annual total cost of absenteeism
  • $1836 per worker per year: total annual effect of unproductivity
  • low morale leads to up to 15 sick days per year
  • low employee well-being leads to low engagement with average of 41% increase in quality defects and 48% in safety incidents

ALMA.care(s) about you

Stress Monitoring

Real time stress monitoring

Gait Monitoring

Real time gait tracking & risk analysis

Sleep tracking

Sleep tracking

HR activity monitoring

HR-based activity monitoring

Alma Fit Score

Real time Alma Fit Score reflecting general health & lifestyle impact

Timely insights

Timely insights for reversal or intervention

Actionable coaching

Actionable coaching

Virtual Marketplace

Virtual marketplace with personalized services and incentives