Life and long‑term‑care insurers urge subcommittee to oppose broad ban on genetic information in underwriting Industry witnesses told the subcommittee that H.3257, which would bar insurers from using genetic information when underwriting life, disability and long‑term care policies, risks adverse selection and threatens long‑term affordability; witnesses urged balanced guardrails instead of a broad prohibition.

Insurers warn that banning genetic information in underwriting could lead to higher premiums and a crisis in long-term care affordability.

Get the details!

#SC #HealthCarePolicy #CitizenPortal #InsuranceUnderwriting #SouthCarolinaInsurance #GeneticInformationEthics