This article is for both the person facing cancer today, wanting to know what to expect from their Medicare insurance as well as for the person turning 65 and weighing the pros and cons of staying with Original Medicare or moving to Medicare Advantage. Medicare and the cost of cancer treatment is written to help everyone on Medicare. If you find this article helpful, please share. We have also included a link to a printer friendly version so that you may save this article for your files.
For those who prefer video: Medicare & the Cost of Cancer Treatment
I realise the article is a bit long, but the subject matter is critically important. When first diagnosed with cancer, there is a lot going through your mind. One small part is the question of “What is this going to cost me?” The battle with cancer can be emotionally draining without worrying or wondering about your health insurance and how it works. This information on how Medicare handles the cost of cancer treatment is much more difficult to find and piece together than it should be. I believe the information in this article can be a great relief, benefit, and resource for anyone about to embark on a very tough personal battle. The information has been compiled from numerous sources including Medicare.gov and the National Cancer Society.
For those new to Medicare, this information will help you decide if you are more comfortable with Original Medicare or Medicare Advantage. For the person who has cancer or a history of cancer, we hope the information will ease any financial uncertainty of not knowing what part of your treatment may or may not be covered by your current Medicare plan and how much out-of-pocket expense can be expected from you.