Tag: out of pocket medical expenses

Cancer insurance provides one of the top financial safety nets in 2012

Marc
Cancer Insurance Quote

As cancer is one of the most common, degenerative, and costly medical conditions in the world today, Many more people are realizing that their standard health insurance alone isn’t providing the complete coverage that they would require to protect their financial wellbeing in the case of a diagnosis, and are turning to supplemental options to fill that gap and ensure the healthy future of both themselves and their assets. Though many cancers are highly treatable, and the survival rates of several forms are soaring even when compared to a decade…

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Some preventive tests may be covered under new healthcare overhaul, others are not

Julie Campbell

Though many preventive tests –colonoscopies, for example – are covered by the new healthcare reforms, patients are still being urged to understand various loopholes that still exist, where supplementary insurance can help to prevent unexpected expenses. For instance, though a colonoscopy – a preventive colon cancer screening test – may be covered, if its practice should involve an additional procedure, such as the removal of a noncancerous polyps during the test (which is a very common practice), that additional work is considered to be a procedure and is no longer…

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Medicare supplemental health plans may be facing new limits

Julie Campbell

Supplemental health plans for Medicare insurance beneficiaries may soon be facing cutbacks as a result of the major reductions being made in the budget as a result of the special U.S. Congress deficit reduction panel. Medigap insurance plans provide additional coverage for many elderly people who have Medicare. These are individuals often live on fixed incomes. They rely on Medigap to protect them from the many deductibles and expenses for which Medicare does not provide coverage. A lobbyist that has been keeping track of the latest “super committee” developments explained…

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Affordable Care Act offers women greater access to preventive services

Preventative health care has been a chronic challenge in the American healthcare system, but due to the fact that chronic diseases – which make up about 75 percent of the country’s health spending, and that they are the cause of 70 percent of deaths every year – are frequently preventable, this type of healthcare is now being pushed into the spotlight. Affordability has been one of the main problems holding back preventive services. Currently, most of these therapies, even those with insurance coverage, are subject to cost sharing, such as…

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