Insurers Push For Doctors To Follow Guided Cancer Treatment Plans
Insurers are attempting to curb cancer treatment costs by incentivizing doctors to follow specific treatment pathways and protocols.
Oncology practices currently buy cancer treatment medications up front, and are reimbursed by
Insurers are now trying to create an alternative system that would curb costs and still provide the best treatments to patients. The effort is led by the country's No. 2 insurer, WellPoint.
Beginning
Upon full implementation, WellPoint expects the program will cut cancer treatment costs around three to four percent, totaling some
Spending on cancer drugs in the U.S. has jumped 19 percent in the last 5 years with
"Oncologist reimbursement at the moment is a broken system," said
"We're creating revenue neutrality so better care can be given," he added.
Doctors and specialists are open to the idea but some do express concerns about how it will affect treatment. While
Professor
Aetna,
| Copyright: | Copyright 2014 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent. |
| Source: | United Press International |
| Wordcount: | 397 |


Advisor News
- Help women break through their retirement roadblocks
- Advisors await SEC decision on Vanguard fair fund distribution
- What to do when adult children become the client
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
More Advisor NewsAnnuity News
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
More Annuity NewsLife Insurance News
- How advisors can get clients to act sooner on life insurance
- AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
- AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
More Life Insurance NewsProperty and Casualty News
- Who should get flood insurance?
- STATE AUDITOR JAMES BROWN PERMANENTLY REVOKES LICENSE OF KALISPELL BAIL BONDSMAN ACCUSED OF USING POSITION TO EXPLOIT MONTANANS, INCLUDING FOR SEXUAL FAVORS
- CT business owner charged with failing to have workers’ compensation insurance when employee injured
- 2026 Employer Excellence Certification awardees announced
- AI Begins to Wield Significant Influence on Consumers’ Auto and Home Insurance Decisions
More Property and Casualty News