Saturday, July 30, 2011

A Medical FICO?

From Yahoo Finance:
"New medical FICO score sparks controversy, questions"

Within the next 12 months, whether you like it or not, about 10 million Americans are expected to be scored -- much like a credit score -- on how likely they are to fill a prescription and take all the pills the doctor ordered, on schedule. FICO , creator of the widely used credit score that predicts whether you'll borrow responsibly, is now rolling out its new Medication Adherence Score. FICO based its score on a formula that predicts whether you will take your prescription drugs. FICO says that since correct use of medication is important for patients, medical providers, insurers and pharmaceutical companies, the Medication Adherence Score will help achieve that goal. They predict it will improve therapy effectiveness and reduce health care costs.

^ This seems like a complete waste of time and resources. ^

http://finance.yahoo.com/news/New-medical-FICO-score-sparks-creditcards-1400615100.html?x=0

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