4 ms·
Because then it normalizes that degree of privacy invasion on a societal level. It makes it more expensive for people to say 'no' to it (because insurance compa
by cr4nberry 4y ago
Because then it normalizes that degree of privacy invasion on a societal level. It makes it more expensive for people to say 'no' to it (because insurance companies profit from it and will nudge it)
You might see short term benefit for yourself, but others could end up getting screwed by insurance companies because their lifestyle doesn't qualify as "healthy". Not only this, but lifestyle data could be used to profile potential customers and either deny them coverage or jack up their rates
- lotsofpulp 4y ago>It makes it more expensive for people to say 'no' to it It makes it cheaper for those who exercise and eat healthy. We use individuals' history of repaying debts to price their loans, we use individuals' history of driving and location of driving to price their auto insurance premiums. We use their history in school and work to price their work product. Where is the line for pricing someone's risk based on individual factors vs pricing based on the collective risk? >Not only this, but lifestyle data could be used to profile potential customers and either deny them coverage or jack up their rates Per Affordable Care Act, health insurance companies in the US cannot deny coverage and premiums can only be priced using the 5 criteria listed here: https://www.healthcare.gov/how-plans-set-your-premiums/ https://www.healthcare.gov/how-plans-set-your-premiums/