From Fitbit to Fit: What to Do with All That Data

UnitedHealth Group sees consumers taking charge and getting better health outcomes.

Mar 4, 2014 at 9:30AM

So you've got a Fitbit and you're tracking activity, calories, sleep -- what happens to all that data? In order to really make a difference, the data has to be gathered, interpreted, and made available to doctors and other providers, who can use it to help you make the right health care decisions.

As Chief Consumer Officer for UnitedHealth Group (NYSE:UNH), Tom Paul works hard to understand the evolving needs of today's health consumers. He also helps UnitedHealth's customers become more engaged with their own health and wellness outcomes. In this video from the 2014 International CES, Tom talks about the role data plays in consumer health.

A full transcript follows the video.

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Tom Paul: The other thing that's transformed is, in the past, consumers mainly engaged on health when they were faced with a situation. Now, it's moving way up front. Most people are tracking their activities, they're monitoring their activities through digital and through technology, and all of that continues to generate data.

The important part of all that data is to really take it and harness it in such a way that it becomes intuitive for a consumer, and it actually becomes supportive to their decision-making process. It's taking the data, organizing it and simplifying it, and then giving it back to the consumer and their health care provider -- their doctor or their nurse -- in order for them to make better health outcome decisions.

Rex Moore has no position in any stocks mentioned. The Motley Fool recommends UnitedHealth Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

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