Insurance reform for people with mental illness

Insurance reform for people with mental illness

Insurance reform for people with mental illness

The Insurance Reform Advisory Group (IRAG) has met for the first time to drive meaningful insurance reform for people with mental illness.

An agreement was struck between the insurance industry and mental health sector to work together to reduce barriers for people with a mental illness from accessing different types of insurance.

The Insurance Reform Advisory Group (IRAG) will identify a number of key areas in which government, industry, the mental health sector and other stakeholders could work together to improve insurance options for people with experience of mental illness.

Key priorities agreed to at today’s meeting include:

  • Improving and increasing education and awareness about mental health and insurance processes for: consumers and carers; insurance, superannuation and financial planning sector staff; mental health professionals; and the general community;
  • Standardising mental health conditions and how they are categorised for the insurance industry;
  • Development and adoption of voluntary guidelines; and
  • Development of a more effective complaints process.

Read the media release here

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