What the anti-selection
problem means is that insurers probably won't write guaranteed-issue coverage on groups with fewer than 50 members if one of the employees is 75 years old, Corcoran said.
John Alden Life also recently introduced a new and flexible product portfolio which will enable the company to better compete under the current "localized" health-care environment and not expose itself to the anti-selection
that it has been exposed to in recent years.
Growing competition has led to a much less productive sales force and, interestingly, greater anti-selection
from the customers.
Speaking at a rally organised by anti-selection
campaigners in Ripon, North Yorkshire, Lord Hattersley condemned the selective system created by the country's 164 remaining grammar schools as "inefficient, unjust and socially divisive".
In hindsight, experience studies showed, for example, that the marketing approach used for a term product resulted in anti-selection
, causing significant adverse claims experience," said Ray Eanes, Chief Financial Officer.
For insurers that have forsaken testing altogether in the name of reduced costs and increased sales, it could mean greater market share initially as anti-selection
drives self-diagnosers to find insurers that won't detect their hidden ailments.
The process was started by anti-selection
campaigners, who claimed grammars were out-dated and distorted the city's education system.
The lack of anti-selection
(the employer not only pays the premium and owns the policy, but is also the beneficiary of the policy).
campaigners need 20 per cent of eligible parents to sign a petition before a ballot against the grammars can even be triggered.
These miscalculated large-line needs are still a primary source for anti-selection
The usual anti-selection
diatribes are rehashed: other schools are damaged because grammars cherry-pick the best pupils, you cannot decide a child's future at the age of 11, the only fair system is comprehensive education which offers equal opportunities to all.
Underwriters are trained to sniff out cases that might present some form of anti-selection
, selective lapses, or increased potential for violent death.