%0 Journal Article
%T Why Insurers Are Wrong about Adverse Selection
%A R. Guy Thomas
%J -
%D 2018
%R https://doi.org/10.3390/laws7020013
%X Abstract Insurers typically argue that regulatory limits on their ability to use genetic tests will induce ¡®adverse selection¡¯; they say that this has disadvantages not just for insurers, but also for society as a whole. I argue that, even on its own terms, this argument is often flawed. From the viewpoint of society as a whole, not all adverse selection is adverse. Limits on genetic discrimination that induce the right amount of adverse selection (but not too much adverse selection) can increase ¡®loss coverage¡¯, and so make insurance work better for society as a whole. View Full-Tex
%K insurance
%K adverse selection
%K loss coverage
%K genetic testing
%K genetic discrimination
%U https://www.mdpi.com/2075-471X/7/2/13