Making the news today....

[Mesterh]

2 minutes ago, Mark J said:

In a nutshell yes, your medical data has immense commercial value. Access to it has the potential to allow people to make money by either selling you something or denying you something.

On the flip side access to your medical data has great potential benefits for health care but I'm looking at opting out as I don't trust that it won't be abused like you say. 

If the nhs doesn't get sold out and it can't be sold to mortgage/insurance companies then I can't really see any downsides but that's a big if.

 

 

 

[Mull]

In a nutshell yes, your medical data has immense commercial value. Access to it has the potential to allow people to make money by either selling you something or denying you something.

Interesting take on that Mark, where is the commercial value in denying you something to the denyer, denier, denyier (no idea how to spell that word)

[openspaceman]

17 minutes ago, Mull said:

 

Interesting take on that Mark, where is the commercial value in denying you something to the denyer, denier, denyier (no idea how to spell that word)

I may be missing the reason behind the question because I have not followed the sub thread but in the case of life insurance, which is a bet by the insurer as to how long the wannabe insured might live,  having medical information about a person that shows how that person differs from the norm may mean the insurer will not take the bet or change the odds, so the wannabe's estate would suffer financially or the premium more expensive. It's the opposite of what the NHS was founded for, which was to  budget for the same bet and take the risk on behalf of the whole population.

 

Public health statistics is all about economics and minimising costs, as was put to me by an economist in the health trade it's like pressure-volume theory in gases, we measure pressure which is the integration of the effects of billions of gas molecules bouncing against their containment so we can establish a trend, it says nothing about the speed or direction (velocity) of any individual molecule.

[Mark J]

41 minutes ago, Mull said:

 

Interesting take on that Mark, where is the commercial value in denying you something to the denyer, denier, denyier (no idea how to spell that word)

 

Crap example: If I worked for an insurance company and it came to light that you, as a prospective client had a higher than normal chance of developing a debilitating (costly) condition, I could make money by either avoiding the risk altogether or by charging you more money for cover. At present I think it comes down to per-existing conditions. There are probably better examples but that's the gist of it. 

 

Edited June 5, 2021 by Mark J
Openspaceman put it better than I could have.

[Mull]

Crap example: If I worked for an insurance company and it came to light that you, as a prospective client had a higher than normal chance of developing a debilitating (costly) condition, I could make money by either avoiding the risk altogether or by charging you more money for cover. At present I think it comes down to per-existing conditions. There are probably better examples but that's the gist of it. 

 

Yeah I sort of worked that out after I posted, information is valuable, sad but true, weakness and fragility preyed upon relentlessly these days, although I feel weakness and fragility are encouraged a little too much.

[kevinjohnsonmbe]

How about some great celebratory cheers for a Tory Chancellor that has engineered the potential for a global agreement on corporation tax.....

 

Surely a cause that must be at the very core of all anti capitalist / anti establishment SJWs?

 

 

[Mull]

How about some great celebratory cheers for a Tory Chancellor that has engineered the potential for a global agreement on corporation tax.....
 
Surely a cause that must be at the very core of all anti capitalist / anti establishment SJWs?
 
 

Taxing the rich??

Thought that would go against your grain Mr J

[Mark J]

Just now, Mull said:

Yeah I sort of worked that out after I posted, information is valuable, sad but true, weakness and fragility preyed upon relentlessly these days, although I feel weakness and fragility are encouraged a little too much.

It seems to be one of those cat in bag moments. Once it's out it isn't going back in.
Medical records should remain private. There's a load of things I've told my doctor that I wouldn't tell another soul.

[Mark J]

3 minutes ago, kevinjohnsonmbe said:

How about some great celebratory cheers for a Tory Chancellor that has engineered the potential for a global agreement on corporation tax.....

 

Surely a cause that must be at the very core of all anti capitalist / anti establishment SJWs?

 

 

Pics or it didn't happen.

[kevinjohnsonmbe]

2 minutes ago, Mark J said:

Pics or it didn't happen.

I’d refer you to the news headlines Mark. 
 

G7 proposal - albeit, needs to be approved by G20 - but undeniably a massive step in right direction. 
 

What ‘actually’ comes to fruition, and when, is another story but that’s global politics - glacial!

 

What a state anyway. The Corps act (exploit) within existing law, laws don’t change quickly, global economics follows the money, people bitch about profit and wealth disparity then go out and whore themselves to the corporate consumer heroin. 
 

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