Affordable Cancer Insurance: How the Cost of the New York State Health Insurance Exchange Will Affect Your Family’s Health Care
; Did you know that the number of new cancer cases continues to grow in New York? According to the American Cancer Society, cancer is still the second leading cause of death among Americans.
While the overall rates of cancer deaths have declined, Cancer Insurance;more people are surviving cancer. In 2013, the lifetime risk of developing cancer was estimated to be about 18%, and the most common types of cancer are breast, prostate, colon, lung, and pancreatic cancer. The five year survival rate for these cancers was approximately 83%.
The National Cancer Institute reports that in 2014, there were 2.8 million new cancer cases, including about 570,000 cases of cancer in children (ages 0–19) and 570,000 cancer deaths. These numbers represent an overall decline of about 1%
Did you know that the number of new cancer cases continues to grow in New York? According to the American Cancer Society, cancer is still the second leading cause of death among Americans.
over the past five years. This decline includes decreases in certain cancer rates, such as prostate, lung, and breast cancer.
These rates have not gone down equally. Some of the states that participated in the Affordable Care Act (ACA) exchanges have shown reductions in the rate of cancer deaths and the overall mortality rate in comparison to the rest of the country. Cancer Insurance;Some of the other states did not have comparable data to report. While the ACA has a significant impact on reducing the overall cost of health care, this reduction does not necessarily translate into lower overall cancer-related costs.
The Affordable Care Act (ACA) requires the federal government to set up state-based health insurance exchanges, which are a marketplace where people will shop for health insurance. These exchanges will provide a marketplace that will allow individuals, families, and small businesses to compare health plans and choose the one that best fits their needs. In 2014, the federal government set up 14 state-based health insurance exchanges.
The health insurance exchange is designed to ensure that consumers have access to high quality, affordable coverage. The law aims to increase competition, lower premiums, and reduce out-of-pocket spending.
While these exchanges will lower the cost of health care, there is a concern of whether insurance plans will cover everything.
What kind of Cancer Insurance Coverage will you be able to afford in NY?
Cancer insurance plans will cover most of the health care costs, but not all of it. They will help to pay for screening tests such as mammograms and PSA (prostate specific antigen) tests. In addition, they will help to cover costs related to treatment like chemotherapy, radiation therapy, and other types of medical procedures.
However, the plans may not cover a portion of the overall expenses associated with a cancer diagnosis. For example, there may be a deductible, which is a monetary amount the person must pay before the insurance begins to cover the cost of the service. Most people will have to pay a large portion of the deductible themselves.
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Another expense not covered by insurance plans is the cost of medications. Some people will need to pay for medications out of their own pockets or they may even be required to use generic medications when the name brand is available.
Affordable Cancer Insurance: How the Cost of the New York State Health Insurance Exchange Will Affect Your Family’s Health Care
According to the National Cancer Institute, the death rate of cancer has increased from 14 to 16.2%. However, in the same time the survival rate has gone up by 50 percent. So, you can safely assume that the treatment is a major cause of the rise in cancer deaths. A recent report reveals that cancer is the leading cause of death among men and women in the U.S.
Every family needs to take precautionary measures to protect themselves against the harmful consequences of cancer. As the statistics show, cancer is a real threat to the lives of many people. The rising death rates show that the existing health care system cannot afford to ignore the risk of getting cancer. It is imperative that a comprehensive healthcare policy has to be put in place to meet the challenges of this growing epidemic.
It is true that the health care insurance industry is undergoing major changes. This includes the rise in the number of private companies offering the services of health care insurance. One of the main concerns is that the overall cost of the insurance may increase dramatically.
