If you wonder how a private firm like Docvia can afford to intake, store, document, disburse, update and protect your medical history, personal emergency contacts, health insurance records and more for only $5. per year, don't. It doesn't really happen like that.
InvisibleBracelet.org, or "iB" as the firm likes to call it, appears to have a profit model entirely different than they would have you believe from their very government-looking website. In press releases accommodatingly picked up verbatim by the AP, the Company appears benevolently intervening to assist the American Ambulance Association, among others, with the capability to virtually diagnose your medical problems, call your wife, text your kids and probably take out the trash, all while you are on the way to the hospital, in the capable hands of a paramedic to whom you have granted all this data.
The magic pill to perform this miracle is iB's online storage of your information, and its provision of documents to carry in your wallet to prove it. All for $5. per year.
If you want to opt out, "[iB] stores all electronic communications...your health information, contact information and financial information for a period of at least ten years."
"Locator information is your name, electronic mailing address, physical address, and/or other data that allows someone to identify you."
"Docvia works with many business partners in making the iB service available to consumers."
"Certain features of the iB service may be used in conjunction with other Docvia products, and those features may share information..."
"Docvia may assign a Member's rights under the program with or without notice to such member."
"Aggregate information may be provided or sold to third parties."
Customer lists, blinded as to specific health records, can easily be sold to insurers, health provider networks and more. The list goes on and on.
And they even get $5. from the consumer.