The inventor created the BMA first and foremost to save lives. But along the way, he saw that it could be far more economical than pendants with their required nationwide monitoring by employees at business offices. Since pendants start at $20/month and up, his concept was to offer the BMA for $9.99/month with the price being reduced by $1.00 per month each successive year.
Licensee(s) will have the option to set this price or any other they may decide upon. As currently designed, the BMA can be subscribed by users for $14.95 per year. This is so extraordinarily low compared to all competition that it should help garner an inordinate market share, considering the safety of millions of subscribers who will not have to push a button on a pendant or even fall down.
Safety first, followed closely by good value for users’ money.
Competitors include Life Alert, with 1,000 employees, which requires a 3 year contract at $19.95 per month.
Medical Guardian from $29.95 to $49.95 per month.
ADT, the largest, $29.99 to $39.99 per month, with pendants and buttons to push has millions of customers.
Bay Alarm Medical, $24.95 to $29.95 plus $10 extra for fall detection.
Life Fone $25 to $31 monthly
Unali Wear Kanega Watch $199 for watch and $59.95 per month for fall detection
Mobile Help $19.95-$54.95 per month
Aloe Care $29.99 to $49.99 per month