Recall the Application about genetic discrimination to answer the following question(s).
-According to the Application, the information provided from genetic testing would ________ insurance prices for high-cost customers, ________ insurance prices for low-cost customers, and therefore ________ the adverse selection problem.
A) increase; increase; increase
B) decrease; decrease; decrease
C) increase; decrease; increase
D) increase; decrease; decrease

Question

Quizplus · Accepted Answer

The genetic testing information would increase insurance prices for high-cost customers (those with higher likelihood of developing certain diseases) and decrease insurance prices for low-cost customers (those with lower likelihood of developing certain diseases). This would therefore decrease the adverse selection problem, as high-risk individuals would be paying more for their insurance, rather than the cost being spread out among all customers.

Recall the Application About Genetic Discrimination to Answer the Following