The National Cancer Act’s “war on cancer” went into effect forty years ago, and throughout that time, the battle has yet to be won for finding a cure. Though better treatments are becoming available, there is another problem growing for cancer patients, and that is that these treatments are not becoming any more affordable. The newest drugs can easily cost $100,000 or more for a year’s worth of treatment. Patients are being prescribed these drugs earlier on in their illness, and they are required to use them for longer periods…
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Medical technology is a double-edged blade in the world of insurance and cancer
Advances in medicine are often hailed as major accomplishments, but little attention is paid to how medical breakthroughs affect the price of insurance coverage. Cancer, one of the deadliest diseases known to man, is a common focus when it comes to the medical world. Cancer itself has been around for millennia, but the 20th century has been host to the most promising progressions in fighting the disease. Medical technology has progressed rapidly in a relatively short amount of time, meaning that the insurance industry has been left to mitigate the…
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