Hacker News new | ask | show | jobs
by imtringued 1092 days ago
The problem with this tracking nonsense is that it doesn't change anything. The business model is still the same. Unless the insurance company pays out less claims there won't be any savings.
1 comments

For the members, probably not. But if the insurance companies can more accurate determine who not to cover, they can see huge savings in payouts. That’s why they already have teams of actuaries determine rates based on the data they do have. They just want more specific data.