TSX/NYSE/PSE: MFC SEHK: 945
Life insurer continues to expand leading health technology
offerings and meaningful personal health insights through John
Hancock Vitality Program
Eligible John Hancock Vitality life insurance customers
receive exclusive discount on Oura Ring purchases
BOSTON, May 16, 2023
/PRNewswire/ - Today, John Hancock, a unit of Toronto-based Manulife (TSX: MFC),
expanded its industry-leading John Hancock Vitality Program through
a new collaboration with ŌURA, the company behind the smart ring
that delivers personalized health data, insights, and daily
guidance. Through this collaboration, eligible John Hancock
Vitality customers who have an Oura Ring and active Oura Membership
will be able to connect to the Vitality program to earn rewards for
healthy sleep and mindfulness practices, such as meditation and
breathing exercises. Using the Oura Ring and related Oura App,
participants can gain a strong understanding of the hours they
sleep each night and the number of minutes they spend each day
engaged in mindfulness.
The Vitality program is available across John Hancock life insurance policies, pairing
long-term financial protection with tools, resources, and
incentives to encourage small, everyday steps toward better health.
The John Hancock Vitality Program rewards customers for their
healthy choices and motivates them to live well every day. The
program covers a broad spectrum of activities – including exercise,
nutrition, sleep, and preventative care.
"When we look for new collaborators, we seek partners like ŌURA
who share our vision of empowering individuals with customized
technology that can enable measurable improvements in long-term
health," said Lindsay Hanson, Vice
President, Head of Behavioral Insurance, Global Strategy and
Delivery for Manulife and John
Hancock. "The personalized information our customers can
gain from Oura Ring to adjust their workouts or sleep habits is a
fantastic example of the healthy choices Vitality reinforces and
rewards."
Oura Ring uses advanced sensor technology to deliver
personalized sleep and health insights through a lightweight,
non-invasive ring. The device monitors heart rate, heart rate
variability, temperature, activity, and sleep. Paired with the Oura
App that delivers individualized benchmarks, metrics, and data,
ŌURA is designed to deliver unique insights that can help its
members understand how daily activities impact overall health and
encourage positive changes. John Hancock will not receive
any individual health data or metrics from ŌURA.
"At ŌURA, it's our belief that people need and deserve
personalized health information and solutions. No two people are
the same, and it's this understanding that makes Oura Ring such an
incredible tool; it provides information that is unique to each
individual," said Dorothy Kilroy,
Chief Commercial Officer, ŌURA. "Life insurers are in a
unique position because their relationship with their customers can
span an entire lifetime — which means there is a significant
opportunity for positive impact over time. We believe that by
partnering with John Hancock, we
will help many more individuals understand and improve their
health."
Through this collaboration, Oura Ring, which has a standard
retail price starting at $299, will
be available to all John Hancock Vitality customers for purchase at
an exclusive 10 percent discount for eligible life insurance
customers participating in John Hancock Vitality GO and a
15 percent discount for eligible life insurance customers
participating in John Hancock Vitality PLUS. An Oura
Membership is available for an additional fee
from ŌURA and is required to earn Vitality
Points.
About John
Hancock and Manulife
John Hancock is a unit of
Manulife Financial Corporation, a leading international
financial services provider that helps people make their
decisions easier and lives better by providing financial advice,
insurance, and wealth and asset management solutions. Manulife
Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and
under 945 on the SEHK. Manulife can be found
at manulife.com.
One of the largest life insurers in the United States, John Hancock supports more than ten million
Americans with a broad range of financial products,
including life insurance and annuities. John Hancock also supports US investors by
bringing leading investment capabilities and retirement
planning and administration expertise to individuals and
institutions. Additional information about John Hancock may be found
at johnhancock.com.
About Vitality
Guided by a core purpose of making people healthier, Vitality is
the leader in improving health to unlock outcomes that matter. By
blending industry-leading smart tech, data, incentives, and
behavioral science, we inspire healthy changes in individuals and
their organizations. As the largest global platform for behavior
change, Vitality brings a dynamic and diverse perspective through
successful partnerships with the most forward-thinking companies
and employers. More than 30 million people in 40 markets engage in
the Vitality program. For more information, visit
vitalityglobal.com or follow us on LinkedIn, Twitter, Facebook and
Instagram.
About ŌURA
ŌURA is the company behind Oura Ring — the smart ring that
delivers personalized health data, insights, and daily guidance.
With sleep as its foundation, Oura Membership fosters healthy
habits to make wellness and recovery a mindful, daily practice.
Validated against medical gold standards and driven by continuous
monitoring of individual biometrics, the lightweight and
comfortable Oura Ring is one of the most accurate wearables
available. For organizations, Oura For Business connects individual
well-being with collective outcomes by making performance
measurable, actionable, and attainable. Founded in Finland
with offices in Oulu, Helsinki,
San Francisco, and San Diego, ŌURA has raised more than
$350 million and is valued at
$2.55 billion. For more information,
please visit http://ouraring.com/.
The Oura Ring is not a medical device and is not intended to
diagnose, treat, cure, monitor, or prevent medical
conditions/illnesses.
Vitality is the provider of the John Hancock Vitality Program in
connection with policies issued by John
Hancock. John Hancock Vitality Program rewards and discounts
are available only to the person insured under the eligible life
insurance policy, may vary based on the type of insurance policy
purchased and the state where the policy was issued, are subject to
change and are not guaranteed to remain the same for the life of
the policy.
To be eligible to earn rewards and discounts by participating in
the Vitality program, the insured must register for Vitality and in
most instances also complete the Vitality Healthy Review (VHR).
The Oura Ring discount through the John Hancock Vitality Program
is not currently available in New
Mexico, North Dakota,
New York, Vermont, Puerto
Rico or Guam.
Insurance policies and/or associated riders and features may not
be available in all states.
Insurance products are issued by: John Hancock Life Insurance
Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance
Company of New York, Valhalla, NY 10595.
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SOURCE John Hancock