Australia blocks genetic test results from life insurance decisions
Australia blocks genetic test results from life insurance decisions | Insurance Business Australia
Life & Health
Australia blocks genetic test results from life insurance decisions
Sector backs government’s move
Life & Health
By
Roxanne Libatique
The Albanese government is set to introduce a new law prohibiting life insurers from using adverse genetic test results in their underwriting processes.
The move aims to protect Australians from potential discrimination based on their genetic information when applying for life insurance.
Why did the government ban the use of adverse genetic testing results?
The government said the decision follows concerns that individuals may avoid taking genetic tests due to fears that unfavourable results could affect their ability to secure life insurance.
Genetic testing is widely used to identify hereditary conditions and assess the risk of diseases such as cancer, offering important preventative and treatment benefits.
The government will conduct a review of the ban every five years to ensure it remains effective and adaptable to future developments in genetic testing technology.
What to expect from banning the use of adverse genetic testing results
Stephen Jones (pictured, middle), assistant treasurer and minister for Financial Services, emphasised that the ban is intended to give Australians the confidence to undergo genetic testing without fearing negative consequences for their financial security.
“I have met with countless people affected by this issue and thank them for sharing their stories and helping to drive this important change,” he added.
The government’s decision builds on its ongoing commitment to genomic research, including investments totalling $66 million in this area, along with $5.5 million for newborn screening programs. The ban aims to align with these efforts, ensuring that individuals are not penalised for accessing genetic testing that could improve their health outcomes.
By prohibiting life insurers from using genetic test results, Australia joins a small group of countries taking steps to address genetic discrimination.
The new policy is expected to enhance public trust in genetic testing, encouraging more people to take advantage of advancements in genomic medicine.
This regulatory shift reflects Australia’s role in setting a global precedent for the integration of genetic technology into healthcare without compromising consumer protections.
Life insurers support ban on the use of adverse genetic testing results
The Council of Australian Life Insurers (CALI) expressed its support for the new regulation.
“We’ve long been clear about the need for strict regulation to ensure that no one is deterred from taking a genetic test to proactively manage their health,” she said.
She also stressed the importance of the planned five-year review of the legislation, ensuring that the laws evolve with the rapid advancements in genetic testing and genomics.
Doctors support ban on the use of adverse genetic testing results
The Australian Medical Association (AMA) has also endorsed the move.
Monash University’s Dr Jane Tiller, who specialises in legal and social aspects of genomic health, also praised the policy, highlighting its significance for the future of genomic medicine and preventive health.
The life insurance sector, government, and healthcare advocates will continue working together to monitor the long-term effects of the policy.
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