3 ms·
> Workers are being penalized because P(Not trying to be healthy | Doesn't participate in the wellness program) is greater than P(Not trying to be healthy). Th
by sverige 10y ago
> Workers are being penalized because P(Not trying to be healthy | Doesn't participate in the wellness program) is greater than P(Not trying to be healthy).
This assumes the only reason for not participating is lack of motivation to be healthy. What about those of us who don't want to voluntarily surrender our entire genetic code to an insurance company? And once most people have, how do you know that your future premiums won't be based on genetic markers for certain diseases?
- spectrum1234 10y agoThen don't. If you make 40k a year its only .125% of your salary.
- vectorwhat 10y agoI don't. But you avoided his entire second question.
- spectrum1234 10y agoIt should be. A sustainable solution to increasing costs certainly isn't perfect. If a perfect solution exists its certainly not sustainable. This is econ 101. We need to be thinking not just of poor people now but the millions more poor people of the future - which systems makes them the least poor? Please read up on adverse selection and moral hazard. The world isn't puppies and rainbows. Sustainability is the most important thing for any market when it comes to helping the poor in the very long term.
- vectorwhat 10y agoWho believes in puppies and rainbows? lol A sustainable insurance market is also obtainable without genetic information. In fact, without any patient information at all. Information allows segmenting the population to allow for diverse premiums. Without any patient information the premium will just reflect the whole population risk. We can argue if this system is fair or not (I don't like these discussion because they hinge on the definition of fair, which is silly); but your point is about economic feasibility, and it's quite feasible to have a health care system without digging up dirt on everyone. And, as a libertarian, I have to admit that this country has one of the most inefficient health care systems in the world. The amount of money we spend for results that are worse than any other industrial country is obscene!
- nradov 10y agoThe Genetic Information Nondiscrimination Act (GINA) of 2008 makes it illegal to base medical insurance premiums on genetic markers.
- adrienne 10y agoRight up until the Capitalism Über Alles Republican government gets around to repealing it, probably in six months or less.