3 ms·
(Someone more knowledgeable should correct me if I’m wrong) But my basic understanding of LLCs, subsidiaries …etc is to create boundaries with parent company -
by 8ytecoder 4y ago
(Someone more knowledgeable should correct me if I’m wrong) But my basic understanding of LLCs, subsidiaries …etc is to create boundaries with parent company - usually to shield the parent company. I really doubt if what you’re claiming is true that Amazon has access to one medical data, they’ll have any form of protection at all. Hypothetically speaking, one medical did something horrid and so disastrous that they’re going to have to pay billions of dollars, Amazon would just wind down that unit and not suffer any major consequences. How would this be allowed if there’s no boundary?
Edit: so I looked it up
https://www.cnbc.com/2022/07/23/amazon-one-medical-deal-gives-it-access-to-my-most-personal-info.html https://www.cnbc.com/2022/07/23/amazon-one-medical-deal-give...
“As required by law, Amazon will never share One Medical customers’ personal health information outside of One Medical for advertising or marketing purposes of other Amazon products and services without clear permission from the customer,” an Amazon spokesperson said in an email. “Should the deal close, One Medical customers’ HIPAA Protected Health Information will be handled separately from all other Amazon businesses, as required by law.”
Basically, like I thought, they can’t commingle or share data between the two companies. But if something being clearly illegal isn’t enough to convince people (or even the journalist), then that’s a different much bigger issue.
Also this:
https://www.investopedia.com/terms/s/subsidiary.asp https://www.investopedia.com/terms/s/subsidiary.asp
A subsidiary is an independent company that is more than 50% owned by another firm—called the parent company or holding company.
Subsidiaries are separate and distinct legal entities from their parent companies.
- ThePowerOfFuet 4y ago> Edit: so I looked it up > https://www.cnbc.com/2022/07/23/amazon-one-medical-deal-gives-it-access-to-my-most-personal-info.html https://www.cnbc.com/2022/07/23/amazon-one-medical-deal-give... > > “As required by law, Amazon will never share One Medical customers’ personal health information outside of One Medical for advertising or marketing purposes of other Amazon products and services without clear permission from the customer,” an Amazon spokesperson said in an email. “Should the deal close, One Medical customers’ HIPAA Protected Health Information will be handled separately from all other Amazon businesses, as required by law.” > Basically, like I thought, they can’t commingle or share data between the two companies. Unfortunately, that's not at all what it says. Amazon has included so many qualifiers that they are disclaiming only a very specific subset of data transfer. I invite you to read it again, word by word and clause by clause.
- JohnFen 4y ago> Amazon will never share One Medical customers’ personal health information outside of One Medical for advertising or marketing purposes of other Amazon products and services without clear permission from the customer Lots of loopholes in there. But even if there weren't, doesn't it feel dangerous to take Amazon at their word with this?