Using the Morisky Scale for Life Insurance Policies

Using the Morisky Scale as a screening tool for life insurance policies can benefit both the insurer and the policyholder. Here are some ways:

1. Better Risk Assessment: Insurance companies can use the Morisky Scale to assess an individual's risk of morbidity and mortality by evaluating their medication adherence. Poor medication adherence is linked to higher rates of hospitalization and mortality. Therefore, individuals who score poorly on the Morisky Scale may be considered high-risk and charged a higher premium or even denied coverage.
2. Improved Health Outcomes: Individuals who score poorly on the Morisky Scale may be more likely to experience health complications due to poor medication adherence. By identifying these individuals, insurance companies can encourage them to improve their medication adherence and thereby improve their health outcomes. This can lead to lower healthcare costs and lower premiums in the long run.
3. Incentives for Better Medication Adherence: Insurance companies can offer incentives for policyholders who score well on the Morisky Scale, such as lower premiums or cashback rewards. This can motivate policyholders to improve their medication adherence and lead to better health outcomes.