DNA Testing Could Kill Insurance Industry


COMPANIES WHO SELL LIFE
INSURANCE POLICIES AND LONG-TERM CARE POLICIES ARE VERY MUCH
CONCERNED ABOUT THE UPPER HAND YOU HAVE AS A CONSUMER WHO HAS
DONE GENETIC TESTING THROUGH SERVICES LIKE 23 AND ME AND THE
REASON WHY THEY ARE CONCERNED ABOUT IS BECAUSE YOU ARE ARMED
WITH KNOWLEDGE ABOUT YOUR OWN HEALTH THAT COULD GIVE YOU AN
ADVANTAGE OVER THESE INSURANCE COMPANIES. ACCORDING TO A RECENT REPORT: SO WHEN THEY OFFER THESE
POLICIES OF COURSE THEY DO EVER PROFIT AND THEY TAKE A
CALCULATED RISK WHEN THEY GRANT SOMEONE THE SALE OF THAT
POLICY. THEY CAN DENY THE POLICY FOR
CERTAIN INDIVIDUALS WHO ARE UNHEALTHY OR DEEMED A RISK BUT
NOW THAT WE HAVE THESE TESTS AND NOW THAT THEY ARE NOT CONNECTED
TO OUR INSURANCE IN ANY WAY, THEY DO NOT HAVE TO BE REPORTED
TO THE MEDICAL INDUSTRY IN ANY WAY, THESE INSURANCE COMPANIES
ARE WORRIED THAT IF YOU KNOW THAT YOU HAVE SOME SORT OF
GENETIC PREDISPOSITION TO AN ILLNESS, YOU WILL SIGN UP FOR
THESE SERVICES AND THEY WILL LOSE MONEY. THAT IS WHAT THEY ARE CONCERNED
ABOUT. OF COURSE. ONE OF THE INSURERS SAID WE
WOULD NEVER USE THIS INFORMATION TO DISCRIMINATE. WHAT WOULD YOU USE IT FOR? YOU ARE GOING TO FIND OUT THE
GUYS GOING TO DIE IN FIVE YEARS, NOT DIE IN FIVE YEARS,
THAT HE IS GOING TO HAVE AN EXTENDED END-OF-LIFE WHICH IS
WHAT THIS INSURANCE IS FOR, BUT I WILL NOT USE THAT AGAINST
HIM. I WILL CHARGE IN THE SAME RATE. THEN WHY DO YOU WANT TO FIND
OUT? DURING INDUSTRY MEETING, ONE OF
THE EXECUTIVES FOR ONE OF THESE COMPANIES SAID: BY THE WAY KEEP IN MIND WHEN IT
COMES TO THESE COMPANIES, THERE ARE LUCKILY FOR NOW REGULATIONS
THAT PREVENT THEM FROM OBTAINING THIS TYPE OF GENETIC INFORMATION
SO: I WOULD YOU THE LOOPHOLE THEY
ARE USING TO GET AROUND THAT. IF YOU WENT TO YOUR DOCTOR AND
GOT SOME TESTING, WHEN THEY ASK YOU FOR YOUR DOCTORS RECORDS
WHEN THEY’RE GIVING YOU THE INSURANCE, IT IS IN THERE. GOLLY GEE, HOW TO KNOW WHEN TO
GETTING THAT INFORMATION? THAT IS HOW THEY USED AGAINST
YOU. BY THE WAY, THIS IS
NOT A PLUG FOR 23 AND ME, BUT THOSE GUYS, THEY ARE
NOT YOUR DOCTORS SO IT IS HARDER TO GET ACCESS TO THAT
INFORMATION. THAT IS WHY THESE INSURANCE
COMPANIES ARE REALLY MATTED THINGS LIKE 23 AND ME. THEY ARE LIKE GIVE ME THAT INFO. THEY SAY IT IS AN UNFAIR
ADVANTAGE TO THE CONSUMER THAT THEY GET TO HAVE
INFORMATION THAT THE INSURANCE COMPANY DOES NOT HAVE. I KNOW, THE CONSUMER IS SO
UNFAIR TO THESE GIANT CORPORATIONS. IT IS RIDICULOUS. BY THE WAY, FOR NOW I KNOW THAT
THESE COMPANIES HAVE A VERY DIFFICULT TIME TRYING TO OBTAIN
THIS KIND OF INFORMATION AND 23 AND ME, AS FAR AS I KNOW AND
OTHER SIMILAR COMPANIES THAT OFFER THESE SERVICES ARE
NOT SHARING THIS INFORMATION WITH THESE INSURANCE COMPANIES,
HOWEVER, I DO NOT KNOW. I DO WORRY ABOUT WHAT THE FUTURE
HOLDS BECAUSE THIS IS OUR GENETIC MAKEUP. IT IS DATA THAT PEOPLE HAVE ON
US. IT IS STILL A PRIVATE COMPANY. I DO NOT KNOW WHAT THE FUTURE
HOLDS AND I DO NOT KNOW WHETHER OR NOT THE WRONG PEOPLE WILL
HAVE ACCESS TO THAT GENETIC MATERIAL IN THE FUTURE, SO THAT
IS MY LITTLE NOTE OF CAUTION BUT WITH THAT SAID I ACTUALLY HAVE
AN INTERESTING QUESTION TO ASK YOU, CENK. ARE YOU INTERESTED IN KNOWING WHAT IS
LIKELY TO KILL YOU? I WANTED TO ASK YOU THE SAME
QUESTION. WE DIDN’T TALK ABOUT IT EARLIER. YES. DEFINITELY. I NEVER SOME PEOPLE THAT ARE
LIKE I DO NOT WANT TO KNOW. FIRST OF ALL, I KNOW A LOT OF
YOU SOMETHING THAT A LOT OF YOU DON’T KNOW WHICH IS THAT WE ARE
ALL GOING TO DIE. YOU THINK YOU KNOW THAT. YOU KNOW YOU THEORETICALLY KNOW
THAT BUT YOU DON’T LIVE THAT WAY. SINCE OUR ONLY PERSPECTIVE IS
ONE OF BEING ALIVE, IT IS HARD TO FATHOM WHAT IT MEANS TO BE
DEAD AND NOT EXIST SO EVERYBODY GOES AROUND AS IF THEY ARE NOT
GOING TO DIE, AS IF EVERY DAY ISN’T PRECIOUS BUT IF YOU FOUND
OUT THAT YOU HAD AN ILLNESS THAT IS LIKELY TO KILL
YOU IN YOUR 50S, ALL OF A SUDDEN YOU WOULD PANIC
LITTLE BIT WOULDN’T YOU? BUT DUDE I HAVE TO TELL YOU,
YOU’RE GOING TO DIE. I DON’T KNOW IF YOU’RE GOING TO
DIE IN YOUR 50S OR 80S OR WHEN, BUT YOU ARE AND EVERYDAY IS
PRECIOUS SO IF YOU TOLD ME 50S, I WOULD CHANGE MY GAME
PLAN. OH, YEAH? WHAT WOULD
YOU DO? FIRST OF ALL, SORRY GUYS, I HAVE
TO GO, MAYBE I WOULDN’T. MAYBE I WOULD PUSH JUST AS HARD
AS I AM TODAY TO GET THE AMENDMENTS TO GET MONEY OUT OF
POLITICS, BUT THE MINUTE I GOT MONEY OUT OF POLITICS YOU
WOULD NEVER SEE ME AGAIN. I AM GONE. THEY ARE NEVER GOING TO GET ME. LOOK, I TRY TO GET THE MOST OUT
OF LIFE AND I DON’T KNOW, MAYBE IT IS CLICH… TO TRAVEL AND I’M
NOT THAT BIG OF A TRAVELER BUT I WOULD TRY TO GRINDING AWAY AND
WE DO, I LOVE THIS JOB BUT WE DO GRIND SO I
WOULD WANT TO KNOW BECAUSE IF I AM LASTING TO MY 80S, I’M GOING
TO HAVE A DIFFERENT GAME PLAN FOR MY LIFE THEN IF
I’M GOING TO MY 50S AND TO USE THINK I WOULD SPEND A
LITTLE BIT MORE MONEY? SORRY KIDS, IF YOU LEAVE ALL
THIS MONEY BEHIND AND YOU DID NOT SPEND IT BECAUSE YOU ARE
WORRIED ABOUT ALL MY GOD, DO I HAVE ENOUGH FOR END-OF-LIFE CARE
THEN YOU SCREWED UP. GO SPEND IT. IF YOU HAVE IT. WHAT YOU THINK WEST OH I ACTUALLY AM NOW PLANNING ON
DOING IT, DOING THIS TESTING TO FIGURE OUT WHAT I AM PREDISPOSED
TO FOR DIFFERENT REASONS. 1ST OF ALL, HE DOES NOT YOU WHEN
YOU’RE GOING TO DIE BUT IT DOES TELL YOU WHAT DISEASE YOU ARE
LIKELY TO SUFFER FROM LATER IN LIFE. I THINK THERE ARE CERTAIN
INSTANCES WHERE YOU CAN TAKE ACTIONS TO BE THAT DISEASE. FOR INSTANCE IF YOU ARE
PREDISPOSED TO CERTAIN TYPES OF CANCER, IF YOU HAVE A CERTAIN
TYPE OF CANCER GENE YOU CAN DO WHAT ANGELINA JOLIE DID FOR
INSTANCE, SHE DECIDED TO REMOVE HER OVARIES AND DOUBLE
MASTECTOMY AND ALL OF THAT. I WOULD WANT TO TAKE THE PROPER
PRECAUTIONS BUT IF THERE WAS A WAY FOR A WAY FOR ME TO FIND OUT
WHEN I’M GOING TO DIE, LET’S SAY RIGHT NOW I AM 31 AND I ONLY
HAVE ANOTHER FOUR YEARS TO LIVE, I WOULD CHANGE MY GAME PLAN. I
WOULD CERTAINLY BE MOUTHIER. YOU WOULD BE MORE MOUTHY? THAT GRAMMAR WAS NOT RIGHT. I WOULD BE MOUTHIER. YES
ABSOLUTELY. I HOLD BACK A LOT, YOU GUYS DON’T EVEN KNOW. THERE ARE CERTAIN INDIVIDUALS
THAT I FEEL LIKE I HAVE TO BE CIVIL TOWARD WHEN I DON’T WANT
TO BE BUT YOU HAVE TO BE A DECENT HUMAN BEING DIE IF I FOUR
YEARS TO LIVE I DON’T THINK THAT I WOULD CARE ABOUT BEING A
DECENT HUMAN BEING. CAN’T WAIT TO SEE AND UNLEASH
BUT I DO NOT WANT TO SEE THAT. I HOPE YOU UNLEASH IT
WHEN YOU ARE 84.

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