Florida Moves to Restrict Life Insurers’ Use of Genetic Test Results
April 30, 2019 by Maria Wood
disability insurance or long-term care insurance (LTCI) policy.
SB 258 would apply when an insurer is seeking to limit, cancel or deny access to individual life insurance, disability insurance or LTCI coverage based on information from DNA testing
The bill would prohibit an insurer from using genetic information in those situations, “unless such action is based on an objective statistical evidence related to an individual’s life expectancy or health.”
The insurer must document the rationale for that type of action and provide documentation of its objective statistical evidence to the Florida Office of Insurance Regulation upon request, according to the bill text.