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TechApple

These Employees Can Get Apple Watches for Just $25

By
Chris Matthews
Chris Matthews
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By
Chris Matthews
Chris Matthews
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March 4, 2016, 8:17 AM ET
Apple Debuts New Watch
SAN FRANCISCO, CA - MARCH 9: The new Apple Watch is seen on display after an Apple special event at the Yerba Buena Center for the Arts on March 9, 2015 in San Francisco, California. Apple Inc. announced the new MacBook as well as more details on the much anticipated Apple Watch, the tech giant's entry into the rapidly growing wearable technology segment as well (Photo by Stephen Lam/Getty Images)Photograph by Stephen Lam — Getty Images

Want an Apple Watch for just $25? All you have to do is get in shape.

That’s the deal several companies are offering their employees, as part of a wellness-incentive program offered through the health-services firm Vitality Group, according to a report in the Wall Street Journal.

There’s a catch, however: You have to use the watch to help meet monthly fitness goals or pay the full price.

“The program is rolling out this year to employees of biotech firm Amgen Inc., medical group DaVita HealthCare Partners Inc. and Lockton Cos., an insurance brokerage firm,” according to the Journal. ” Later this year, some life-insurance policyholders at John Hancock Financial will also be able to earn the Apple Watch, along with discounts on premiums, for meeting activity goals.”

The deal is part of a growing trend, sparked by reforms in the Affordable Care Act, of firms offering their employees heavy incentives to improve their health. While the Obamacare law tries to discourage companies from providing overly expensive insurance that drives up health care costs, it incentivizes firms to offer big rewards for staying healthy.

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