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CPR: House-passed Financial-Services Bill is Bad



> Warning: The House-passed financial-services bill is bad for your health!
> 
> Earlier this month, the U.S. House overwhelmingly passed the Financial
> Services Act of 1999, which overhauls Depression-era banking legislation
> and allows banks, securities companies and insurers to merge. It also
> contains a provision (Section 351) that would allow insurers to disclose
> individual medical records to financial institutions with which they are
> affiliated. Patients confide in their doctors with the expectation that the
> information they provide will be kept confidential and will be used to heal
> them. They do not expect or desire it to be shared with bankers or creditors.


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