What is Cancer Insurance?

Cancer Insurance Policies act to supplement existing health plans and can offer many different benefits.  This type of program has become popular primarily due to the devastating nature of the disease on families.  The huge medical costs involved in treatments and the increasing rate of both incidents of the disease and survival rates with popular treatment.

What Cancer Insurance can do for you.

Health insurance can help offset the costs of cancer treatment, you still may have to cover deductibles and copayments on your own.  Additionally, cancer treatment can cause out-of-pocket expenses that are not covered by traditional health insurance:

• Travel
• Food
• Lodging
• Long-distance calls
• Child Care
• Household help

According to the American Cancer Society:

• Approximately 65% of cancer related expenses are not covered  by regular health insurance
• In the United States, men have a little less than a 1-in-2 lifetime risk of developing cancer; for women the risk is a little more than 1-in-3
• About 1,334,100 New cancer cases are expected to be diagnosed in 2003
• Since 1990, over 17 million new cancer cases have been diagnosed.