Chemotherapy Insurance Measure Signed Into Law

Friday, August 19, 2011
In July, Chicago governor Pat Quinn signed a measure into law that aims to protect the rights of cancer patients.This law would save them from paying more money if they take oral chemotherapy drugs instead of receiving the traditional intravenous method.Oral chemotherapy treatment is less invasive and sometimes more effective, but often it is forgone by cancer patients because of the cost.Often, insurance companies only cover the injectable form of chemotherapy drugs, forcing patients who want to go with liquid, table, or capsule chemotherapy to pay for it out of pocket.This law, signed during the annual breakfast meeting of the American Cancer Society Cancer Action Network breakfast meeting, would require insurance companies to cover both types of chemotherapy treatments at the same rates.

This would be a step in the right direction for those dealing with the woes of fighting a critical illness and trying to get insurance money to cover their costs.Often, critical illness insurance is hard to come by.It covers a wide variety of illnesses, from alzheimer’s to blindness to Parkinson’s, offering the policy holder a lump sum cash payment or a regular payout if they are diagnosed with one of the illnesses the insurance policy covers.But what happens to those who have the condition before receiving health insurance?Often it is more difficult to find a policy to cover them, as companies realize the high cost it will incur for them to insure someone with one of the conditions.Currently, the government is offering a Pre-existing Condition Insurance Plan to those who have been denied coverage by private insurance companies.With this plan as well as the other changes being made through Obamacare to the health care system, soon it might be possible for people with preexisting conditions to receive the care they need, whether through the government or through private insurance companies.
AIA Staff 8/19/2011

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