A policy will almost always cover hospital stays, standard cancer treatments, as well as transportation and lodging to and from an oncology specialist.
A policy may also offer an upfront cash benefit paid once a patient receives a positive diagnosis from a medical provider.
These policies can be offered as a part of a group plan through an employer, or you also have the option to purchase them individually through an agent or directly from the insurance company.
[3] These types of policies are generally available for adults of all ages and usually require very few medical questions in order to qualify.
[4] Most companies allow cancer survivors to enroll in a plan as long as they have been certified cancer-free for between 5-10 years.
These benefits can offer financial support for those pursuing healthy living programs, such as tobacco cessation, gym memberships, and dietary changes.
Typical coverage benefits also provide policyholders with access to wellness tests that are meant for the early detection of disease and monitoring of other aspects of overall health.
Many policies offer benefits concerning medical expenses, which include costs associated with health care, such as cancer treatment.
These benefits provide policyholders with financial assistance for transportation, food, home and child care, and certain bills.
Under these plans, costs associated with any non-cancer illness that was directly or indirectly induced or complicated by cancer are not covered.
Some plans may not provide benefits for costs incurred due to a pre-existing condition during the first twelve months of coverage.
Some cancer insurance plans have provisions that prevent the policyholder from receiving benefits during a period after initial enrollment; this length is frequently thirty days.
Because of the risks posed by serious health issues, such as cancer, companies often take a strong stance against providing new coverage to those with the disease.
The Affordable Care Act, the law that has presented these changes, has required health insurance companies in the country to offer coverage to those suffering from conditions such as cancer.