Australians able to get genetic tests ‘without fear’ of life insurance hit

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Australians able to get genetic tests ‘without fear’ of life insurance hit
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People who undergo genetic testing for medical purposes will never be obliged to share their results with insurers, and insurers will not be allowed to ask.

Australians will be able to get potentially life-saving genetic tests without fearing they will be made to pay exorbitant amounts for life insurance as the government steps in to regulate how insurers deal with the emerging medical field.on Wednesday, clarifying that Australians who undergo genetic testing to detect cancer genes or tailor their medical treatments will never be obliged to share their results with insurers, and insurers will not be allowed to ask.

Jones said he decided on a total ban after the government’s consultation on the issue received more than 1000 submissions, 97 per cent of which supported a total ban. The life insurance industry welcomed the government’s intervention, having operated for years without certainty.

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