Health Genetic Testing and Insurance

The insurance business attempts to set premiums at levels that allowpayment for all legitimate claims with money left over every year asprofit. To do this, insurance companies do their best to understand thecosts they will bear if they agree to cover individuals who will make upthe group whose risks are pooled. ;Health, disability and life insuranceoffer protection from the real costs of health care, premature death, anddisability by collecting premiums from many people but paying large claimson only a few. Premiums are set using information about individualshealth, lifestyle, family history, and diagnostic tests for everything fromdrug screening and heart monitoring to HIV tests.