this post was submitted on 05 Dec 2023
582 points (99.5% liked)
Technology
59674 readers
4905 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
My mother had breast cancer. I couldn't get a test to see if it was the inheritable one because then I would have to disclose it as pre-existing for the rest of my life. (For the record my mom took the genetic test and it was negative).
This is just one example.
What if in future, your insurance price depended on an inheritable diseases DNA clearance. You could refuse but then it would be $$$$$. What if my life insurance refused to pay upon my death because I had knowledge of a gene that causes cancer when I took out the policy?
PS not American.
They’ll almost surely attempt this, but it will be much less clear cut on it. There’s federal law against discriminating on the basis of genetics, so they can’t explicitly charge more for it.
But you better believe it’ll be a component in a deep learning insurance adjustment model that charges you more and just tells you the model says so — I’d expect this to occur and a court case to happen.
That's a situation for a government program, not insurance. Insurance is for situations where it's unlikely that you'll need a payout.
Of course people today have to deal with the systems we have, but I'm talking about your hypothetical "future" scenario.