June 23, 2011 1:25 PM Subscribe
The FICO® Medication Adherence Score
posted by darkstar (53 comments total)
is a new metric launched by FICO, the credit scoring company, which uses "predictive analytics to forecast an individual’s likelihood of taking his or her prescription medication as directed." FICO claims this will help "improve drug adherence, boosting therapy effectiveness and reducing health care costs," but there's evidently nothing to prevent prospective lending agencies from buying the personal medical information, either. The Supreme Court today ruled this was entirely permissible as Free Speech
"...Medical industry estimates show that as many as one-half of the 3.2 billion prescriptions in the U.S. each year aren’t taken as prescribed, and patients consequently run a greater risk of poor health outcomes and more frequent hospitalizations." Taking your pills a little later than you should or skipping doses? It can now hurt your credit rating.
Coming on the heels of MedFICO (previously on MeFi
), not only is your personal health information available for purchase by financial companies, but conversely, your personal financial information is purchasable by medical care providers.