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    Human Genetis and Insurance Issues

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    Kalaiarasan Govindarasu
    This document discusses issues related to human genetics and insurance. It provides examples of how genetic factors like gender, smoking status, family history of genetic disorders, and direct genetic testing results could impact insurance premiums. Specifically, insurers may charge different premiums to people with higher risks based on these genetic factors. However, this could also lead to discrimination and adverse selection, where people at higher risks are more likely to purchase insurance. The document explains the concept of adverse selection using examples of how risk pools can become imbalanced when higher-risk individuals selectively purchase insurance. Overall, it examines the complex interplay between genetics, insurance underwriting, and individuals' right to access insurance coverage.

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    Human Genetis and Insurance Issues

    Uploaded by

    Kalaiarasan Govindarasu
    12 views18 pages
    This document discusses issues related to human genetics and insurance. It provides examples of how genetic factors like gender, smoking status, family history of genetic disorders, and direct genetic testing results could impact insurance premiums. Specifically, insurers may charge different premiums to people with higher risks based on these genetic factors. However, this could also lead to discrimination and adverse selection, where people at higher risks are more likely to purchase insurance. The document explains the concept of adverse selection using examples of how risk pools can become imbalanced when higher-risk individuals selectively purchase insurance. Overall, it examines the complex interplay between genetics, insurance underwriting, and individuals' right to access insurance coverage.

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    This document discusses issues related to human genetics and insurance. It provides examples of how genetic factors like gender, smoking status, family history of genetic disorders, and direct genetic testing results could impact insurance premiums. Specifically, insurers may charge different premiums to people with higher risks based on these genetic factors. However, this could also lead to discrimination and adverse selection, where people at higher risks are more likely to purchase insurance. The document explains the concept of adverse selection using examples of how risk pools can become imbalanced when higher-risk individuals selectively purchase insurance. Overall, it examines the complex interplay between genetics, insurance underwriting, and individuals' right to access insurance coverage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    12 views18 pages

    Human Genetis and Insurance Issues

    Uploaded by

    Kalaiarasan Govindarasu
    This document discusses issues related to human genetics and insurance. It provides examples of how genetic factors like gender, smoking status, family history of genetic disorders, and direct genetic testing results could impact insurance premiums. Specifically, insurers may charge different premiums to people with higher risks based on these genetic factors. However, this could also lead to discrimination and adverse selection, where people at higher risks are more likely to purchase insurance. The document explains the concept of adverse selection using examples of how risk pools can become imbalanced when higher-risk individuals selectively purchase insurance. Overall, it examines the complex interplay between genetics, insurance underwriting, and individuals' right to access insurance coverage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
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    Human Genetics and Insurance Issues

    G. Kalaiarasan

    Human Genetics and Insurance Issues

    Human Genetics

    DNA
    Every

    human has unique DNA. DNA is inherited from ancestors. DNA contains every information of human, like
    His color. His height. Her attitude. Even life span, Genetic disorder.

    Some Genetic Disorders


    Cri

    du chat. syndrome. syndrome.

    Edwards Triple-X XYY

    syndrome.

    Huntington's

    Disease.

    Genetic Test
    Medical
    Test

    test of part of your genetic code.

    that examines the structure of the

    chromosomes or detects abnormal patterns


    in the DNA.
    Classifications,

    diagnostic genetic test.

    predictive genetic test.

    Human Genetics and Insurance Issues

    Insurance

    The premium we pay is related to the risk we offer to the insurer.

    Same Premiums or Not?


    Pension

    Man, age 65 Woman, age 65

    Same Premiums or Not?


    Life

    Insurance

    Man, 40, smoker Man, 40, non-smoker

    Same Premiums or Not?


    Life

    Insurance

    Man, 30, father had Genetic disorder. Man, 30, no family history of Genetic disorder.

    Discrimination
    Male and Female. Smoker and non smoker. Age. Occupation.
    Gender

    Genetic

    disorder and non genetic disorder.

    Human Genetics and Insurance Issues

    Adverse selection
    Increased

    tendency, on the part people at higher risk, to buy insurance. Genetic disorder. forms,

    Risk

    Two

    a greater likelihood of buying insurance and a tendency to insure for higher amounts.

    Combined Group 1 Long Lived 1,000

    50% 50%
    1,500

    Group 2

    Die Young

    2,000

    Combined Group 1 Long Lived 1,000

    60%
    40%

    Group 2

    Die Young

    2,000

    1,600

    Right to Underwrite
    process of calculating premium by considering all material information. Having genetic disorder is a material information.
    Underwriting

    Thank You

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