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What are some for and against arguments concerning the use of genetic information for obtaining life insurance benefits from an employer? Thanks!
So are there any arguments for life insurance companies should not be able to deny a person of life insurance?
thanks again.
... time we reduce or deny your benefits, we notify you ... for unemployment insurance, you ... become unemployed due to no fault of the claimant. We notify the last employer you ...
... insurance should be ... small employers also say they want to continue offering benefits. "I can't imagine not offering insurance ... "Now it's taking on a new life
Can a plan deny benefits for ... to enrolling in a new employer’s plan. If you ... otherwise get health benefits. Your state insurance commissioner's office can tell you ...
... that provide only life insurance or disability benefits. ... that handles the employer's employee benefits ... beneficiary's COBRA rights. The plan should establish due dates ...
... benefits under your former employer's plan. According to the Insurance Information ... your employer switches plans, you won't be able ... sure you pay attention to due ...
... National Life Insurance ... and not to deny individuals employment opportunities and benefits. ... An employer should be able to disclose genetic information for ...
more than you're willing or able ... When you become a participant in your employer's sponsored health insurance plan ... to the day you lost your health insurance benefits due ...
... deny or obtain worker's compensation benefits or insurance ... these benefits, you will be paid by your employer's workers' compensation insurance ... fact, you might be able ...
... of genetic information as long as the insured amount of the life insurance ... insurance companies should be able to have access to genetic information. i think you ... due to ...
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August 10th, 2010 at 6:36 am
Dude, you’re asking two different questions.
EMPLOYERS have group policies, they can’t deny ANYONE life insurance, if they’re a member of the group. It’s not UNDERWRITTEN, because it’s a group.
LIFE Insurance companies, at this time, do NOT do genetic testing as part of the underwriting process, so you’re arguing about a theoretical situation, which doesn’t exist.
I think genetic testing should NOT be part of underwriting, as it’s against public interest.
Just like credit scoring in auto insurance – as long as no insurance company does genetic testing, the playing field is even, and there’s not an adverse selection issue.
August 10th, 2010 at 6:36 am
The employer does not decide. The insurance company does. The insurance company has every right to assess their risk.
August 10th, 2010 at 6:36 am
The risk is always something that is measured. At insurance companies, they are called actuaries. All they do is collect data and assign risk. In other words, obese people are difficult patients. Even simple surgery could be a serious issue because of the extra layers that have to be cut through. (I am not picking on them, these are just facts). That’s an issue that any insurance company can gage as it’s known. What may not be known, is the skinny person who has a cancer risk. There are tests that can be performed that can tell anyone what genes you have, that will tell you if you are at risk for a disease, cancer, etc. The tests will save insurance companies millions, because they may be able to deny coverage, or charge much more for people who "fail" the genetic test. The problem is, most of us have some risk for something. We all die from something. Some sooner than others. I would rather the judge be what someone does to prevent health issues, instead of what the genes say will happen. Smokers, we know, get more colds, have a risk for cancer, etc. Over eaters have high blood pressure, diabetes, heart issues. Drug users also voluntarily cause many health issues. The list is endless. But we all can do better with our own health.
August 10th, 2010 at 6:36 am
You do realize that employers are not required to offer any life insurance benefit at all?
August 10th, 2010 at 6:36 am
1) Generally speaking, employer provided life insurance is going to be guaranteed issue for a base sum.
2) NON-employer provided plans do, because many things, like cancer, are hereditary. AND, I had a situation where a client was declined insurance due to the type of cancer her mother had. This otherwise healthy person died from cancer 7 years later. It was tragic, but also very eerie that it was practically projected by the insurance company.
August 10th, 2010 at 6:36 am
they always consider the risk. At insurance companies, they are called actuaries. All they do is collect data and assign risk. In other words, obese people are difficult patients.evan a simple surgery may be hard cus they have to cut through so manny layers. (I am not picking on them, these are just facts). That’s an issue that any insurance company can gage as it’s known. What may not be known, is the skinny person who has a cancer risk. There are tests that can be performed that can tell anyone what genes you have, that will tell you if you are at risk for a disease, cancer, etc. The tests will save insurance companies millions, because they may be able to deny coverage, or charge much more for people who "fail" the genetic test. The problem is, most of us have some risk for something. We all die from something. Some sooner than others. I would rather the judge be what someone does to prevent health issues, instead of what the genes say will happen. Smokers, we know, get more colds, have a risk for cancer, etc. Over eaters have high blood pressure, diabetes, heart issues. like dudes who use drugs but we can all try to do better
Hope This Helps!
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