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Bad planetary placements are due to past life bad karma. But won't the person create more bad karma unconsciously for future while suffering in this life? What is the remedy?

Yes, very intelligent. Even consciously people create more bad karma despite the suffering they experience in this life.

Krishna gives the remedy. We should act for the Lord’s pleasure and not anyone else’s. If we do that, Krishna (or any of His plenary portions), will absorb any reaction because He is the master of the laws of karma.

Bg 18.56 - Though engaged in all kinds of activities, My pure devotee, under My protection, reaches the eternal and imperishable abode by My grace.

Bg 18.57 - In all activities just depend upon Me and work always under My protection. In such devotional service, be fully conscious of Me.

Bg 18.65 - Always think of Me, become My devotee, worship Me and offer your homage unto Me. Thus you will come to Me without fail. I promise you this because you are My very dear friend.

Bg 18.66 - Abandon all varieties of religion and just surrender unto Me. I shall deliver you from all sinful reactions. Do not fear.