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The Apple Watch Series 4. Photo: James D. Morgan/Getty Images

Apple’s steady march into consumer health care continues: It’s partnering with Aetna to fold Apple Watches and iPhones into the insurer’s wellness programs, CNBC’s Christina Farr reports.

The big picture: Apple’s health care goals seem clear, and it has picked its spots at least as well as any other tech company looking for a slice of the health care system. It’s focused squarely on patient data, and on partnerships with big, established players.

  • Apple’s foray into electronic medical records has gotten mostly good reviews, and the company has pursued a potential deal to help the VA modernize its records.
  • Since introducing some heart-monitoring capabilities for Apple Watch last year, Apple has embraced several partnerships to get its watches around more wrists. One tests the watch as a health monitor for people who have had hip or knee replacements.
  • Apple also wants private Medicare Advantage plans to offer subsidized watches to their members, to use as health monitors.
  • That’s roughly the same proposition in Apple and Aetna’s new partnership: Aetna customers could use their existing Apple Watch, or Aetna would give them one and they’d "pay it off" by meeting health goals. Or, if they fall short of those goals, they might have to pay it off with real money, per CNBC.

Be smart: None of this seems likely to revolutionize the health care system, but no company has much of a plan to revolutionize the health care system. Apple, unlike some of its competitors, at least has a clear path to profiting from that system.

Go deeper: Health is Apple's next really big thing

Go deeper

Felix Salmon, author of Capital
2 mins ago - Economy & Business

Inflation will rise. Don't panic

Illustration: Annelise Capossela/Axios

It's been 40 years since America last saw a damaging level of inflation. Yet despite that — or perhaps because of it — inflation fears are widespread, and could even become self-fulfilling.

Why it matters: The government's strategy for bringing back employment and widespread prosperity involves a necessary — yet temporary — increase in inflation. When an entire generation has never experienced such a thing, that can be disconcerting. And for the time being, Americans are not buying what the government is selling.

Updated 46 mins ago - Politics & Policy

Gunman kills 8 people in shooting at FedEx facility in Indianapolis

A screenshot of the Indianapolis Metropolitan Police Department spokesperson Genae Cook during a news conference Friday morning. Photo: Indianapolis Metropolitan Police Department/Facebook

A gunman opened fire at a FedEx warehouse facility in Indianapolis late Thursday, killing at least eight people and wounding multiple others, authorities said.

Details: "The alleged shooter has taken his own life here at the scene," Indianapolis Metropolitan Police Department spokesperson Genae Cook said during a news conference early Friday.

Dems race to address, preempt stimulus fraud claims

Illustration: Aïda Amer/Axios

Biden officials are working to root out the systematic fraud in unemployment and Paycheck Protection Program claims that plagued the Trump administration’s efforts to boost the economy with coronavirus relief money, Gene Sperling told House committee chairmen privately this week.

Why it matters: President Biden just signed another $1.9 trillion of aid into law, with Sperling tapped to oversee its implementation. And the administration is asking Congress to approve another $2.2 trillion for the first phase of an infrastructure package.