How Health Insurers Use Your Employment History

Health insurers are increasingly using employment history data to assess risk and set premiums, a practice that raises privacy and fairness concerns. This episode examines how companies like Verisk and LexisNexis provide insurers with detailed work histories, including job titles, tenure, and salary estimates. Lucas and Luna discuss a recent study showing that individuals with shorter job tenure pay up to 15% more for health insurance, and explore the implications for gig workers and job hoppers. They also touch on how this data is sourced from background checks and public records, and what consumers can do to protect their information. Tune in for a deep dive into the expanding data ecosystem of the insurance industry. #EmploymentHistory #HealthInsurance #RiskAssessment #PremiumPricing #DataPrivacy #GigEconomy #JobTenure #Verisk #LexisNexis #BackgroundChecks #ConsumerRights #InsuranceData #PrivacyConcerns #Economics #ServicesEconomy #FexingoBusiness #BusinessPodcast #DataBrokers Keep every episode free: buymeacoffee.com/fexingo