- Children Diagnosed With Cancer: Financial and Insurance Issues
- Insurance is complicated
- Private health plan coverage for children
- How to manage your child’s health insurance
- Getting answers to insurance-related questions
- Keeping records of your child’s insurance and medical costs
- Handling a health insurance claim denial
- Keeping employer-sponsored health insurance coverage when you leave your job
- What if my child’s medical care is covered by more than one insurance company?
- Government-funded health plans
- Who regulates insurance plans?
- Options for uninsured children
- State coverage and health insurance options for the hard to insure
- What sources are available to help with treatment costs if my child doesn’t have insurance and there’s no public assistance available?
- Financial issues for families: Getting help with living expenses
- To learn more
Children Diagnosed With Cancer: Financial and Insurance Issues
When a child is diagnosed with cancer, families and parents will need to know about and cope with many problems. This document, which offers ideas for managing the costs of cancer diagnosis and treatment, is one in a series of documents for parents and caregivers of a child with cancer. The other documents have information on how to cope with the cancer diagnosis, understanding the health care system, returning to school, and the late effects of cancer treatment.
If your child has been diagnosed with cancer, money is usually not the first thing that comes to mind. You might not even want to think about money right now, but high health care costs could make cancer treatment and follow-up care difficult to afford. Some people must work out money issues before they can even start treatment. For others, it becomes a problem after treatment begins. Either way, it takes time and energy to manage your medical bills, insurance, and finances when your child has cancer.
Financial resources may be available to help children with cancer afford the care they need. These resources can be especially helpful if your child isn’t covered by health insurance. These resources can include things like government programs that help low income families, disability benefits, and aid from voluntary organizations.
Even if your child has health insurance, you’ll find that it doesn’t cover all the costs involved. And even if your child is well-insured, cancer can still cause financial problems.
If your child isn’t covered by health insurance, it can be really scary. But there are other options for paying for treatment you should know about.
This information is not meant as expert professional advice for any person, family, or insurance situation. If you need help, it’s best to use a financial professional. Here, we’ll cover:
- Private health plans or health insurance
- Government-funded insurance plans
- Options if your child is uninsured
- Getting help with living expenses
- Other resources
Insurance options began changing quickly when the health care law known as the Affordable Care Act (ACA) was signed into law in March 2010. Most of the law’s requirements will be in place as of 2014. At that point, there will be more safeguards for anyone with cancer. But even after that, health care will be changing for some time. Call us anytime at 1-800-227-2345 for the most up-to-date information.
Last Medical Review: 10/07/2013
Last Revised: 10/07/2013