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Morning Headlines 10/8/19

Private Medicare plan Devoted Health says it is the first to cover Apple Watch as a benefit

Devoted Health becomes the first Medicare Advantage plan to subsidize the Apple Watch purchases of its 4,000 members.

Livongo Awarded Diabetes Contract for Eligible Population for Approximately 5.3 Million Beneficiaries Through the Federal Employees Health Benefits Program

Livongo’s stock jumps 18% on the news that it has signed a two-year contract with the Federal Employees Health Benefits Program to offer its remote diabetes monitoring and coaching program to eligible beneficiaries.

Journal of the American Medical Association (JAMA) Publishes Humana Study on Health Care Spending

Researchers from the University of Pittsburgh School of Medicine and Humana determine that 25% of healthcare spending – between $760 billion and $935 billion per year – can be characterized as wasteful.