Fighting Cancer Can Be Very Costly
The American Cancer Society says CANCER will strike 1 in 3 people and 3 of 4 families are affected by this disease. CANCER plays no favorites… it’s the leading cause of death of women age 35 to 74, and today 1 in 8 women will get breast cancer.
What many people don’t think about is that fighting CANCER is very costly.
There are two basic costs associated with CANCER: the medical and the non-medical.
Now, most people have medical insurance to pay for medical part, which is terrific.
However, as good as your medical coverage may be, over 66% of the real cost of CANCER is NON-MEDICAL in nature. In other words, these costs are things that your major medical insurance WILL NOT pay for, and that you must pay out of your own pocket.
What are some examples of the NON-MEDICAL costs associated with CANCER?
- Loss of Income. When you are sick, you are often not working….
- Travel and Lodging Expenses. CANCER often requires treatment at the special facilities that are not located in your hometown. Your travel expenses and lodging expenses for your family can amount to thousands.
- Experimental Treatments. Many ordinary medical insurance plans have little to no coverage for experimental treatments and when faced with a potential life or death situation, you want to be able to consider every treatment possibly available to you.
- Reconstruction. As women, we want to feel feminine even after our CANCER treatment.
- Shortfalls. Almost all medical insurance policies have deductibles, coinsurance and copayments that you are responsible for.
There are several ways to pay for the out of pocket costs of CANCER. They include:
- Drawing on Life Savings
- Selling Assets
- Supplemental Insurance
A supplemental CANCER policy can provide peace of mind and financial support during a difficult time so that you can focus on getting well.
