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Anti-genetic discrimination bill’s passage gives Quebec cancer survivor ‘peace of mind’

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Leo Almazora | 13 Mar 2017, 08:15 AM Agree 0
Bill S-201 has Parliament’s blessing, but may still face a challenge before obtaining royal assent
  • Observer | 13 Mar 2017, 12:00 PM Agree 0
    There will be winners and losers as a result of this bill. This bill will create an imbalance of insurance by limiting the ability of insurance companies to assess risk while potential insured's have an increased level of knowledge regarding their potential risks. If insurance companies are not able to assess individual risk and charge a price corresponding to that individual risk, then the individual risk will be spread over the rest of the population. Therefore this bill could lead to higher prices and/or certain products/features/illnesses may longer be covered if they are considered "too risky". This bill will change the marketplace.
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