Restrict Insurers’ Use Of External Consumer Data, Colorado Senate Bill 21-169

Link: https://leg.colorado.gov/sites/default/files/2021a_169_signed.pdf

Link: https://leg.colorado.gov/bills/sb21-169

Excerpt:

The general assembly therefore declares that in order to ensure
that all Colorado residents have fair and equitable access to insurance
products, it is necessary to:
(a) Prohibit:
(I) Unfair discrimination based on race, color, national or ethnic
origin, religion, sex, sexual orientation, disability, gender identity, or gender
expression in any insurance practice; and
(II) The use of external consumer data and information sources, as
well as algorithms and predictive models using external consumer data and
information sources, which use has the result of unfairly discriminating
based on race, color, national or ethnic origin, religion, sex, sexual
orientation, disability, gender identity, or gender expression; and
(b) After notice and rule-making by the commissioner of insurance,
require insurers that use external consumer data and information sources,
algorithms, and predictive models to control for, or otherwise demonstrate
that such use does not result in, unfair discrimination.

Publication Date: 6 July 2021

Publication Site: Colorado Legislature

CVS, Walgreens Look for Big Data Reward From Covid-19 Vaccinations

Link: https://www.wsj.com/articles/cvs-walgreens-look-for-big-data-reward-from-covid-19-vaccinations-11614681180?mod=djemwhatsnews

Excerpt:

Administering Covid-19 vaccines comes with a valuable perk for retail pharmacies: access to troves of consumer data.

Chains such as CVS Health Corp., Walmart Inc. and Walgreens-Boots Alliance, Inc. are collecting data from millions of customers as they sign up for shots, enrolling them in patient systems and having recipients register customer profiles.

The retailers say they are using the information to promote their stores and services, tailor marketing and keep in touch with consumers. The companies also say the information is critical in streamlining vaccinations and improving record-keeping, while ensuring only qualified people are receiving shots.

Author(s): Sharon Terlep

Publication Date: 2 March 2021

Publication Site: Wall Street Journal