1 On page 918 – 919 of your textbook, there is a discussion about Actuarial Equity versus Social Equity related to the development of insurance rates Read this discussion in the text and then` the...

1 On page 918 – 919 of your textbook, there is a discussion about Actuarial Equity versus

Social Equity related to the development of insurance rates Read this discussion in the

text and then` the article: Insurance Fears DNA Test in the Adverse Selection folder

under Topic 9

a Explain how the role of asymmetric information is different in the context of genetic testing than it is the context of determining health behaviors, eg, tobacco use

b This question is related to the risk of breast cancer only The tests for the breast cancer gene are BRCA1 and BRCA2 If a woman does not get tested for the breast cancer gene, can she adversely select into a better risk pool with respect to her risk of breast cancer?