DNA Testing and Life Insurance

Nowadays, DNA testing kits are available in a vast number over the market. Knowing your DNA in a convenient way is the main purpose of this kit. Generally, it works by having a minimal saliva sample. From there, tracking your roots and knowing a lot about yourself and the genetic health possibilities may be determined. You may not need to consult a private medical practitioner and pay specifically through a medical biller like that of ePsych Billing | Experts in Psychology Helping Fellow Experts.

However, the negative thing about it is that knowing your DNA result would not be a top secret anymore. Companies like those in the life insurance industry could ask for those genetic perils indicated in the DNA tests result. Having this information, the life insurance may now have the opportunity to decline any coverage or, on the other hand, demand for higher premiums.

Genetic Information Nondiscrimination Act of 2008 (GINA)

Protecting your genetic information may be covered by the law, but not at all times

GINA or the Genetic Information Nondiscrimination Act of 2008 give protection to Americans in contrast to discrimination regarding their genetic information. The National Human Genome Research Institute stated that the said law covers the protection over discrimination coming from the employers and the health insurance providers. However, GINA do not have any power to prevent life insurance companies to utilize the genetic data in identifying the eligibility coverage of the person.

Denial of the life insurance coverage

Common practice in applying for a life insurance is the disclosure of any necessary health information including family history and medical conditions. There may be instances that life insurance companies may require medical records even the result of your DNA tests if you have done any. Withholding any information like the result of your DNA during your application may result to either denial of the coverage or increasing the premium.

Real stand of the Life Insurers

Generally, genetic testing can also give stress and headache to life insurers. Why? It is because some life insurance applicants are trying to undertake preventive measures once they learn about a risk in their medical condition through a DNA test result. At this present times, DNA testing becomes a common testing procedure. And large groups of applicants for life insurance are those people who already know their genetic risk. With that, securing financial protections against that risk via a life insurance is one of their primary actions.