Filed Under:Health Insurance, Individual Health

Cancer claim tables in line for update

When the current tables were created, Ronald Reagan was president. (White House photo)
When the current tables were created, Ronald Reagan was president. (White House photo)

Actuaries are pushing ahead with efforts to update the creaky Cancer Claims Cost Tables.

Regulators approved the current U.S. cancer insurance claim tables in 1985 -- when Ronald Reagan was in the White House. Many issuers in the cancer insurance market and related markets have either given up on using the tables or are using homegrown table revisions, according to officials at the American Academy of Actuaries (AAA).

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Nichole Morford

Nichole Morford
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