Why Medical Insurance Pays – One Family's Emotional and Financial Battle With Cancer

Why Medical Insurance Pays – One Family's Emotional and Financial Battle With Cancer

Photo by: Brooke Lark / Unsplash

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When one looks back on a terminal illness, bitter lessons emerge. Along with the more than $ 600,000 price tag, come countless emotional costs stretched over a 7-year period. This is a real life glimpse inside the lives of those who endured that 7-year battle. To protect their privacy we have omitted their names.

Terence the 67-year-old well-educated Renaissance man ran up medical bills of $ 618,616 for the 7 years he spent fighting kidney cancer, but was lucky enough to have good medical insurance that took care of the vast majority of those bills. 66% of those costs accumulated in the last 2 years of his illness. In those 7 years, his daughter grew from a child to a young lady. His son graduated from high school and went to college. His family had the chance to take a dream trip to Italy. He beat the odds and survives much longer than many others who were faced with his diagnosis.

The cancer was discovered by accident when in 2000 when Terence was admitted to the hospital for unrelated stomach pain. He had surgery for colitis and returned home, but an attentive hospital employee reminded him and his wife that a shadow had been seen on his kidney during the initial ER tests and should be followed up on.

It was kidney cancer. The surgery to remove the affected kidney cost $ 25,000. The family's out of pocket amount was $ 210. The medical insurance company paid $ 14,084 after discounts. It turned out that that surgery represented only 4% of how much it…

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Source by Bill Parts