Cancer insurance is helping to plug some coverage holes

Cancer insurance health plan

This type of voluntary benefits is among a growing number of gap coverage being purchased by Americans. Employers and individuals, alike, are starting to look into a type of coverage product known as volunteer benefits – such as cancer insurance – which can help to fill the gaps present in some of the most popular health plans. These are rising in popularity as people start to see that a number of critical illnesses can still run up huge expenses. While cancer insurance is far from the only product in the…

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Health insurance costs for young cancer survivors are proving overwhelming

Health-Insurance

Many are skipping follow-up care as they are finding the expense to be prohibitive. A recent health insurance study has shown that young people who have survived cancer are commonly deciding not to take part in follow-up care because they are not able to afford the associated costs. The results of this research were published in the Cancer journal. The study examined the care progress of survivors of cancer between the ages of 20 and 39 years old. What they determined was that 67 percent who had never had a…

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The increasing cost of care for cancer patients

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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