“DNA and Long-Term-Care Insurance,” by Ben Mattlin, Financial Advisor
“With the easy availability of personal genetic information through companies such as 23andMe, more and more people are discovering not just their ancestral histories but their own exact DNA makeup, including their likelihood of contracting certain illnesses.
While that may be good news for consumers, the implications for insurance carriers are not so clear. Foreknowledge of future health issues can be a double-edged sword, particularly in the long-term-care (LTC) insurance business.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Long article on a very difficult problem.