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There are vast quantities of consumer data available today. For example, every time you use your...

  • There are vast quantities of consumer data available today. For example, every time you use your grocery store loyalty card, data about what you purchased is collected, analyzed, and saved. This data in the hands of population health professionals can contribute to the creation of healthy lifestyle programs. However, the same data in the hands of health insurance plans could lead to higher insurance costs of denial of insurance. Should there be regulations on how these consumer data are used?
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Answer: It is very necessary to have rules and regulations regarding the use of data and information of people

There should not be any misuse of the data due to which the customer may get into trouble. For example, In the healthcare system, HIPAA is a regulatory affairs which looks into the matters of the patient's privacy concern as well as provide safety to the patients. It prevents the misuse of data and privacy violation.

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