Approved three years ago by Parliament, the right to be forgotten law aimed to facilitate access to real estate credit and insurance for people who have overcome serious illnesses. However, the lack of regulation has hampered its practical implementation. The Government now promises that this regulation will be completed by the end of 2025.
According to the Público newspaper, work to regulate the law will begin in January 2025, with the collaboration of several official entities, such as the Ministry of Youth and Modernization, the State Secretariat for Treasury and Finance, the State Department of Health , the Insurance and Pension Funds Supervision Authority (ASF) and the Directorate-General for Health (DGS).
The main objective of this regulation is to ensure that people who have overcome serious illnesses can access credit and insurance without discrimination. The law prohibits practices that result in increased insurance premiums, exclusion of guarantees or collection of health information related to previous medical situations, as long as a pre-established period has elapsed. Furthermore, it provides for the creation of a reference grid that defines the pathologies covered and the deadlines applicable to the right to be forgotten.
According to , Margarida Balseiro Lopes, Minister of Youth and Modernization, explained that the regulation will detail how entities must apply the law. “Our objective is to create a reference grid to define the terms and deadlines of this right to be forgotten,” said the governor.
With regulation scheduled for the end of 2025, the Government hopes to address an important gap and ensure greater equality in access to insurance and credit for people who have faced heightened health risks.
Also read:
