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View Full Version : Here Comes the Panopticon: Insurance Companies




DamianTV
07-08-2014, 05:08 PM
http://yro.slashdot.org/story/14/07/08/1722213/here-comes-the-panopticon-insurance-companies


The Panopticon may be coming, but perhaps not how we think. Instead of a massive government surveillance program, we might end up subjected to ubiquitous monitoring to save on our insurance premiums. The "internet of things (you can't get away from)" makes this more and more possible. Here a company saved money on its health insurance premiums by distributing Fitbits and an online service to enable reporting fitness gains back to the insurance company. We've already seen the stories on using black boxes to monitor drivers. There is even an insurance company named Panoptic! Heck, why not a premium hike for owners of this or that "aggressiveness gene"? What if in the future we got a quick "+50 cents" tweet for every scoop of ice cream? I suppose the natural stopping point might be the balance between an individual's willingness to be monitored and the desire to reduce insurance premiums.

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If you do something "wrong", we'll make a profit. I've been saying this for how long? All it requires is to fool you into giving up your 5th Amendment Right, to Corporations. And pleading the 5th is evidence that you are doing something someone deems to be "wrong".