It can become especially challenging for survivors of a childhood cancer. As young adults, they will venture out into the world alone, and there will come a point where they can no longer be covered by their parents policy. My insurance plan now covers both my wife and me. But not everyone is as fortunate and there was a time when I was not. Facing graduation from college, I was about to receive my degree, but also lose my coverage.
Risk pools exist in many states and are created by state legislation.
The purpose of a risk pool is to provide coverage for those individuals who, otherwise, would not be able to get coverage, due to a preexisting condition or other health reason. They serve not only cancer patients, but other illnesses and conditions as well. To be eligible, you must be a resident in the state that offers the program. With many risk pools, you may find yourself facing up to a one year waiting period for preexisting conditions. Once accepted though, benefits to policy holders are virtually equal.