Genetic Testing (Score 1)

An insurance company is wrong in using genetic screening without an applicant's knowledge (even though they likely signed a waiver giving the insurance company the right to do it). With the exception of the situation outlined below: Suppose an individual has his DNA genetically screened and it is determined that that person has a significant chance of getting any of a number of fatal conditions or diseases because of genetic flaws, and then that person starts applying for life insurance because he's scared that he will die younger than he otherwise would. The situation described above is called in insurance jargon - antiselection. Insurance companies spend a lot of time and money guarding against antiselection because it increases underwriting risks beyond expectations and cuts into profitability. So forget about all this Gattaca "Brave New World" hyperbole and think about this: All an insurance company should have the right to know is what you know about yourself. The main reason for buying insurance is not to hit the jackpot but to protect you, your Estate or family from unexpected circumstances. And yes, I used to work for an insurance company - but then I grew a brain.