The Association of British Insurers (ABI) and the British Medical Association (BMA) have agreed a five-year deal over the quality of reports prepared by GPs for insurers and patients.
As part of the agreement the BMA has issued guidance to GPs on the completion of reports for life assurance purposes.
The guidance includes:
- Recognition that life assurance is a ‘social good’ and is of benefit to patients, especially at significant points in their lives; and
- Advice that, as with other fee paid work, it should be done to appropriate professional standards to justify the agreed fees.
The agreement states where an insurance applicant is declined or a decision postponed as a result of a medical disclosure they have made on the application form, the insurance company will give the reason for declining to the applicant.
If a new or poorly controlled medical condition is revealed on the report or following a medical examination, and not disclosed on the application form, the insurance company will inform the GP.
The agreement also lays out changes in the fees paid by insurers for GP reports. The price for standard reports, supplementary reports and full medical examinations will each increase by 6% per year for the next five years.
Richard Walsh, the ABI’s head of health insurance, says: “GP reports help to ensure that people with pre-existing medical conditions have access to health and protection insurance. This agreement is good news for all customers, because again the BMA has pledged to uphold high standards of work from doctors.
“This includes making sure that doctors fill in forms personally and accurately, rather than simply sending printouts of medical records which may not give the insurer the information it needs.”
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Emily Perryman on 020 7968 4554 or email [email protected].IFAonline
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