Cancer Insurance

No one likes to think about getting cancer, but it will affect many of us—regardless of age, gender or lifestyle. While treatment has advanced the fight against cancer, it still occurs in 50% of men and 33% of women,1 and it’s always costly.

An average of 65% of cancer-related expenses are considered non-medical, which means your employees’ health insurance may not pay.2 Indirect expenses can include things like transportation, food, missed work, lodging, home recovery and extended care. Indirect costs can be twice as much as their medical bills.3 This is where cancer insurance can help out.

Cancer Insurance can help your employees to manage the high expenses of treatment, preserve their savings, protect their family from financial hardship and concentrate on getting well.

Where Other Coverages Fall Short
Your employees’ health insurance may have different ideas about where it should stop paying for cancer treatment. But if they could afford it, they probably would want the best coverage available.

If a cancer center in another city offered better treatment, your employee may want to go—and have a family member with them for support. They’d want the best specialists, treatments, diets and medications with a hospital stay that’s covered no matter how lengthy. Maybe they’d want reconstructive surgery, or childcare and housekeeping at home while they recover.

Medical insurance often stops short of considering these costs “essential.” Luckily, these kinds of costs are exactly what cancer insurance helps to cover. These benefits are paid as they go and cover the actual costs of specific treatments and expenses (up to the maximum allowed) as they happen. This way, your employees can get help for many of the indirect costs incurred from cancer throughout their treatment program.

Cancer insurance is supplemental. It works in addition to other insurance they might have, like medical and disability income. Your employees can use it to fill a benefit gap in their other policies.

What’s Included with this Coverage

• Benefits paid directly to your employees unless their benefits are assigned to someone else
• Benefits paid regardless of their other coverage
• Coverage they can choose to match their budget
• Individual or family coverage
• Premiums waived after 90 days of disability due to cancer, for as long as they’re disabled
• Optional benefits available for hospital intensive care and initial diagnosis