Image

1:10 AM / Tuesday November 21, 2017

26 Oct 2017

Picking a health insurance plan? Prepare for the unexpected

  • Facebook
  • Twitter
October 26, 2017 Category: Health Posted by:

BPT

As many Americans know, fall is the season when we must select our health benefits for the upcoming year. Choosing a health plan can be a daunting task, but selecting the right coverage protects you and your family’s general health needs and can prepare you for an unexpected medical crisis. While no one plans on receiving a blood cancer diagnosis, for example, an estimated 173,000 Americans were diagnosed with leukemia, lymphoma or myeloma in 2017. As there are no means of preventing or early screening for most blood cancers, a diagnosis can often appear without warning. Well-planned health insurance coverage can make an important difference in how patients can fare in fighting the disease.

This year’s open enrollment season, which runs approximately from October to December, is your opportunity to consider your health benefits and plan ahead. With the cost of care for major health events and severe illnesses increasing every year, you will want to select a health plan that ensures you and your family are prepared in the case of a health emergency. The Leukemia & Lymphoma Society (LLS) offers three tips to consider when selecting your 2018 health plan.

Image

Compare physician and hospital networks: Be diligent when choosing a plan. While it is important to compare plan prices, including co-payments, deductibles and premiums, it is equally important that your primary care doctor and any specialists you visit are part of the plan’s network. Not all plans cover every doctor, hospital or comprehensive cancer center near you, so review the plan’s network list carefully. You also can call your doctors and hospitals to ask if they are in the plan’s network. If your spouse or children are on your plan, you will need to consider their physicians as well.

Prepare for the unexpected: No one expects to receive a serious diagnosis like blood cancer, but it helps to be prepared. The cost of cancer care is rising at an alarming rate and these costs include more than drugs and doctor visits. From diagnostic tests to hospitalizations to special home health equipment, there are many hidden costs to having a serious illness. In fact, a recent survey conducted by Russell Research on behalf of The Leukemia & Lymphoma Society found that 84 percent of adults are not sure how they would cover all medical costs if they were diagnosed with cancer. That’s why it’s important to ensure that you have the coverage you’ll need at an affordable cost.

Pay close attention to the numbers: As you evaluate your coverage options – whether through an employer, Medicare, spouse or your parents – it’s important to estimate your health care costs for the following year carefully. Understand what your deductible and co-pays will be and take stock of where coinsurance will be required; review your health bills from the previous year to guide your choice, but make sure you are covered for unexpected health issues as well.

If you purchase health insurance from the federal or state marketplace, the plans you are offered will depend on your location and income. It is very important to make sure your personal information is accurate and up-to-date on the federal website, HealthCare.gov, or on your state’s website. Depending on your income, you could qualify to save on your insurance through advance premium tax credits. In fact, 8 out of 10 people who purchase insurance through the marketplace are eligible for lower premiums. Open enrollment in the marketplace will run this year from Nov. 1 through Dec. 15.

If you or a family member had or has cancer, or are at risk for cancer, there is a checklist available at www.cancerinsurancechecklist.org that can help you choose the right plan when shopping on the health insurance marketplace. The Leukemia & Lymphoma Society also provides free information and resources about health insurance coverage for people living with cancer at www.lls.org.

  • Facebook
  • Twitter

Leave a Comment

Recent News

Go With The-Flo

CeCe Winans accepts the Spirit Award at Lisa Collins’ 20th Annual “First Ladies High Tea”

November 16, 2017

ABOVE PHOTO:  CeCe Winans (Photo: Jamie Lamor Thompson / Shutterstock)   By Florence Anthony Lisa Collins’ 20th...

Seniors

Savvy Senior: Assistance dogs provide help and love

November 16, 2017

Dear Savvy Senior What can you tell me about assistance dogs for people with disabilities? My sister,...

Food And Beverage

A Very Versatile Holiday

November 16, 2017

ABOVE PHOTO:  Cola and Brown Sugar Glazed Ham   Family Features When planning this year’s holiday menu,...

Entertainment

Actress Della Reese dead at 86

November 20, 2017

(LOS ANGELES) — Della Reese, the actress and gospel-influenced singer who in middle age found her greatest...

Health

Simple ways to follow a low-glycemic eating plan for better health

November 16, 2017

BPT Adopting a diet that mainly consists of foods ranking low on the Glycemic Index (GI) can...

Oasis

God won’t let you be defeated

November 16, 2017

By Dianna Hobbs In my most recent YouTube family vlog (I love that you’re subscribing!), as I...

The Philadelphia Sunday Sun Staff