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Should insurance companies be allowed to discriminate according to genetic testing?
If I have GOOD genes, and am not likely to end up with cancer, Heart disease or other expensive types of medical conditions, why should I be required to pay the same rate for insurance as those who have a high likleyhood of getting such diseases?
Insurance is about probability and risk. Insurance companies pool a bunch of people together, determine the risk of a particular disease and calculate how much it will cost, then decide how much to add to the price of insurance to cover people for the disease. They are covering their risk.
It's the same with auto insurance. Mature, careful drivers are not charged as much for insurance as are immature or careless drivers. People who have been arrested for drunk driving are considered to be very high risk drivers and as such their insurance rates are very expensive. Do you think that careful drivers should pay as much as careless drivers? Careful drivers don't think so, just as people with healthy ancestors don't generally think that lower medical and life insurance rates are a bad idea if we aren't likely to get a disease.
What else can I help you with?
What circuit breakers will interchange with white Westinghouse?
It is not recommended that different companies breakers be interchanged. Any field changes to the original manufacturer's equipment is not allowed due to electrical code rules. If a fault occurs and the result is a fire, your insurance company might not pay out for damages.
Is the seller's concession included in the fees?
The wording of your question needs some work. I am curious which fees you are referring to. Generally in a home purchase, a seller is allowed to pay between 3%and 6% in "seller concessions". These concessions are basically a total of the sales price that they are allowed to contribute to the fees the buyer accrues to buy the house. These fees may include appraisal fees, title company fees, lender fees, discount points, and any other fee associated with the transaction such as home warranties, pest inspections, surveys, etc. Each lender has their own list of what they consider to be "allowable fees" payable by the seller. Some allow only 3% while others allow up to 6%. Some lenders allow only "non-recurring fees" to be paid which means that prepaid interest, hazard insurance, and Mortgage insurance premiums cannot be paid by the seller. Others allow any and all fees to be paid. It is important to ask what allowances the lender allows for seller concessions. This is especially important when you are obtaining 100% financing and you expect the closing fees to be paid by the seller. You may get to closing and find that the seller is not allowed to pay your hazard insurance and end up having to write a check for 1 yrs worth of insurance premiums at the closing table when you expected to pay nothing.
What is the Limitations of structured program?
Statement goto is not allowed.
What is the best calculator that can allowed in PRC?
El-w506x
What invention allowed manufacturing away from rivers?
Steam
Who determines the number and kind of diagnostic tests allowed for a condition for an indivial?
insurance companies only
What information are disability insurance companies allowed to ask when processing a claim?
Probably just about anything.
Does Disney hire gay people?
I would hope so. Companies are not allowed to discriminate based upon sexual preference. However, if I were you, unless I was willing to be involved in a law suit, I wouldn't ADVERTISE it.
Are insurance company underwriters allowed to discriminate?
Insurance company underwriters are not allowed to discriminate based on protected characteristics such as race, gender, religion, or disability, as mandated by laws like the Fair Housing Act and the Equal Credit Opportunity Act. However, they can use risk assessment factors, such as driving history or health conditions, to determine premiums and coverage. While underwriting practices must be fair and non-discriminatory, they are permitted to differentiate based on legitimate risk factors.
Under the Constitution government is allowed to discriminate in some way among groups of people. Otherwise the government would be unable to?
Wrong, the government is not allowed to discriminate. We have laws against discrimination of race, gender, ability, religion, age.
What are the insurance rates for an uninsured motorist in Pennsylvania?
Insurance is a very important part of driving and in most states your not allowed to drive if you don't have insurance on your car already, but there are a list affordable Auto Insurance Companies in Pennsylvania. The top pick however, is Safe Auto.
Can you work for two different life insurance company?
yes why not? Its depend on my ability & capablity Edit: to complete the answer above, many insurance companies depend on insurance agents and brokers to make customers aware of different policy details, etc. Some companies have captive agents who are not allowed to sell other companies' insurance products, but most of them work with contracted insurance brokers which can sell insuranceproducts from different competing companies. This benefits the client ultimately since each insurance company has to show not only the potential clients but alsothe brokers why their product is better.
Do insurance companies have a right to accept or reject you for insurance coverage based on the results of voluntary and confidential genetic testing predicting your future health?
No, insurers are not allowed to discriminate against people who have had genetic testing. The Genetic Information Nondiscrimination Act of 2008 specifically prohibits health insurers from using genetic test results to charge people different rates or to refuse to cover them. The law protects people from discrimination by health insurers and employers on the basis of DNA information.
Are RV parks allowed to discriminate against my Rottweiler?
They can discriminate against whatever dog breed they see fit and you can see fit to stay at another "dog-friendly" RV park. Vote with your feet.
Under the Constitution government is allowed to discriminate in some way among groups of people. Otherwise the government would be unable to .?
the government would be unable to regulate human behavior
Can your insurance company raise your premium after you report a loss?
Insurance companies are not allowed to raise your premium if you onoy reported ONE loss but keep in mind that they can always use other reasons such as an across the board premium increase.
What is the best place to find insurance quotes online?
Since we are not allowed to provide links, I would suggest to look in you Yellow Pages and see which insurance companies offer local service. You can compare quotes by calling around.
