Cancer affects so many Americans. Nearly one out of every two Americans born today will be diagnosed with a form of cancer at some point in their life. Without health care reform, even those individuals with insurance will struggle financially to pay for their life saving treatments.
- 41 percent of non-elderly adults have either accumulated medical debt or had difficulty paying medical bills – 61 percent of those individuals had insurance
- 25 percent of individuals with cancer report using all or most of their savings as a result of the cost of treating their cancer – 22 percent of those with insurance report the same
- 5 percent of cancer patients with insurance report delaying treatment or deciding not to get care because of the cost
- 10 percent of cancer patients reached the benefit limit in their insurance policy and were forced to seek alternative insurance or pay for the remainder of their treatment out-of-pocket
Health care reform seeks to remedy these problems by making health care affordable, putting caps on out-of-pocket expenses, eliminating benefit limits, and promoting preventive and high quality care. Preventive care will not only save individuals and insurance companies money it will also save lives by catching any signs of cancer in the early stages.
Information provided is according to reports released by the US Department of Health and Human Services.