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> e.g. my health insurance premiums rise because I bought too much bacon. This would indeed be very bad, but it is currently a mere hypothetical. Regulations p
by InefficientRed 4y ago
> e.g. my health insurance premiums rise because I bought too much bacon. This would indeed be very bad, but it is currently a mere hypothetical.
Regulations prevent this from happening with health federally and life in certain states. For now.
Insurance companies are dinosaurs but they're catching up. Lots of new VP and up AI/ML positions that report directly to the CTO office are spinning up. Suffice it to say that after my latest job search, which included senior roles at insurance cos, I switched to cash for sin purchases.
- thdespou 4y agoIt's one thing buying too much bacon and another actually using it for personal consumption. You might as well be cooking it for your friends or your dog. This does not make sense.
- InefficientRed 4y ago> This does not make sense. You're clearly not an actuary or -- more importantly -- an insurance exec. Just because there isn't a perfect causal link doesn't mean that the correlation isn't useful for minimizing risk. I'd wager that at least a double digit percentage of young males are as careful as young females in their driving behavior. From the insurance perspective, who cares? The risk pool still pays a premium.