As wearable and analytics technology continues to be aggressively adopted, there is a congruent rise in data collection from wearable healthtech devices. This unprecedented rise in data collection poses massive privacy and security issues. This note addresses the benefits of IoT healthcare wearables and implants, as well as identifies where the privacy and security of data accrued by such devices could be improved. In an effort to better encapsulate the issue surrounding wearable device data collection, the authors analyze the many benefits of wearable healthcare devices, as well as look into the false sense of trust consumers have in the privacy and security of their healthcare information. The authors discuss how consumer protections under current healthcare laws are lacking. In conclusion, they look to the future of wearable devices and how the data they generate and retain should be stored and protected in light of its sensitive nature.