Senior-focused virtual reality company MyndVR will be covered by New York insurer

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VR Digital Therapeutic Company MyndVR has announced that AgeWell New York’s insurance plans for Medicare and Medicaid patients will cover its immersive offerings for seniors.

Starting January 1, members of the insurer’s CareWell plan will have access to MyndVR’s senior-focused digital VR therapy as an alternative therapy option.

MyndVR offers immersive travel and entertainment experiences, as well as experiences based on occupational therapy, physics, and speech therapy.

Seniors can also share their immersive efforts live with loved ones remotely through MyndConnect, a communications platform the company launched in March 2022 with HTC Vive. The platform uses HTC’s lightweight VIVE Flow immersive glasses.

“Our members are excited about their ability to use MyndVR,” Constance Harris-Fields, Senior Benefits Advisor at AgeWell New York, said in a statement. “We see this program helping with isolation, anxiety and depression while stimulating memories, conversation and socialization, which is especially important in the wake of the pandemic.”

THE GREAT TREND

In October, MyndVR and European company Oroi announced a strategic partnership to expand the senior-focused virtual reality company’s catalog of cognitive, physical and occupational therapies using Oroi content, which includes exercises and games that simulate everyday life situations such as finding your way in a city, shopping in a market, getting dressed and cleaning a room.

The following month, MyndVR announced that the 501c3 entity Bowlers to Veterans Link awarded a $250,000 grant to the National Association of State Veterans Homes, designated for VR equipment and content for veterans, and MyndVR would fulfill the donation and roll out its offerings to 50 veterans’ homes. of the state in the United States.

The company has also launched a coalition called DigitalTherapyNow.org to support passage of the Digital Prescription Therapy Access Act, which would provide Medicare coverage for digital prescription therapies.

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