“Some fear that information asymmetry will allow consumers to learn of their health risks and leave insurers in the dark…”
Um, Peter, I’m pretty sure more people are worried about it being the other way around, and don’t share your optimism about the beneficent nature of the insurance industry.
Originally shared by Singularity Hub
Will Tech Make Insurance Obsolete in the Future?
Insurance companies will use the information to shut out consumers whom they deem too risky.
Insurance companies will use the information to shut out consumers whom they deem too risky.
Exactly.
Sometimes Peter Diamandis’s rose-coloured and somewhat libertarian spectacles annoy me.
Exactly.
Sometimes Peter Diamandis’s rose-coloured and somewhat libertarian spectacles annoy me.