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Business & Technology

Booker, Wyden Demand Answers From Insurance Companies Using Racially Biased Software

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Booker, Wyden Demand Answers From Insurance Companies Using Racially Biased Software

2019-12-04 04:09:30

Presidential hopeful Sen. Cory Booker has written a letter to health insurance companies. It wasn't a love letter. Booker and Sen. Ron Wyden (D-Or.) wrote to UnitedHealth, Blue Cross Blue Shield, Cigna, Humana, and Aetna. According to Business Insider, they asked for information on how they prevent bias in health algorithms. A recent study found a commonly used algorithm favored treating white patients over sicker black ones. Impact Pro's algorithm predicts black patients cost less than white patients. Therefore, their illnesses must not be as complex. Yet in reality, black patients cost less because they don't purchase healthcare services as much as whites. Business Insider Intelligence predicts that spending on healthcare AI is projected to grow 48% between 2017 and 2023.

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