IMF researchers: digital footprint yields better credit assessment

Re:IMF researchers: digital footprint yields better credit a... by slg on Friday February 12, 2021 @07:13PM (#26120180)

That is a good summary. An analogy I might add that could further clarify things would be preexisting condition protections for health insurance. Preventing insurance companies from turning down people who they know will require expensive medical care is going to lead to worse pricing for the rest of us. However much of society has decided that is a cost worth enduring in the name of fairness.

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Re:IMF researchers: digital footprint yields better credit a... by kortilla on Saturday February 13, 2021 @12:54AM (#26121728)

Health insurance is weird because it’s become the way you pay for something expected. In every other insurance you will absolutely get denied or charged a huge sum if you’re knowingly going to be a loss.

It’s like applying for home fire insurance and saying you burned down your previous 3 homes and will likely burn down this one.

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Re:IMF researchers: digital footprint yields better credit a... by WanderPanda on Saturday February 13, 2021 @12:08AM (#26121566)

Problem with this is, this cuts open the feedback loop of being responsible for ones own health. Credit assignment problem all the way

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Re:IMF researchers: digital footprint yields better credit a... by NeuNeurosis on Saturday February 13, 2021 @01:49AM (#26121904)

Are you American? Because high cost of health insurance does not deter risky behaviors towards health or a glaring lack of responsibility.

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