- Thinking about the costs of cancer treatment
- Private health plans
- Types of private health plans
- Other things to know about health insurance
- How to manage your health insurance
- Getting answers to insurance-related questions
- Keeping records of insurance and medical care costs
- When you have problems paying a medical bill
- Handling a claim denial
- Keeping employer-sponsored health insurance coverage when you leave your job
- COBRA (Consolidated Omnibus Budget and Reconciliation Act of 1986)
- The Health Insurance Portability and Accountability Act of 1996 (HIPAA)
- The Family and Medical Leave Act of 1993
- The Americans With Disabilities Act of 1990
- The Affordable Care Act
- Government-funded health plans
- Who regulates insurance plans?
- Health insurance options for the uninsured
- State coverage and health insurance options for the hard-to-insure
- Financial issues: Getting help with living expenses
- Getting money from life insurance policies
- Other sources of financial help
- Disability benefits
- To learn more
Thinking about the costs of cancer treatment
When you’re told you have cancer, money is usually not the first thing that comes to mind You might not want to think about money right now, but high health care costs could make it hard for you to afford cancer treatment and follow-up care. 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. This can be especially hard when you have cancer.
Financial resources are available to help people with cancer afford the care they need. These resources can be helpful if you don’t have health insurance, or if your health plan doesn’t cover the care you need. They include government programs that help low-income people get cancer screenings or treatment, disability benefits, aid from voluntary organizations, and living benefits from life insurance policies, including viaticals (these will be explained later on). Even if you have health insurance, you may soon find out that it doesn’t cover all the costs involved. And even if you are well-insured, cancer can still cause financial problems.
It’s important to have accurate, up-to-date information and a good understanding of your financial situation and insurance coverage. And, if your insurance cost is not deducted from your paycheck, it’s important to pay your monthly insurance premiums on time. Having no health insurance can be scary. But there are other options you might want to think about.
Here we will cover:
- Private health insurance
- Government-funded insurance plans
- Options if you are uninsured
- Financial issues and possible sources of help
- Other resources
Insurance options began changing quickly when the health care law known as the Affordable Care Act (ACA) was signed 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 the person with cancer. But even after that, the health care landscape may still be shifting for some time. Call us anytime at 1-800-227-2345 for the most up-to-date information.
Last Medical Review: 06/24/2013
Last Revised: 08/05/2013