Cancer Insurance is a voluntary benefit that few employers think of when designing their benefit package. With Cancer listed as the #2 cause of death among Americans, a supplemental policy to help cover the expenses is vital. A Cancer Insurance Policy costs around $27 per month for single coverage, and it will pay up to $15,000 per 12-month period for radiation and chemotherapy treatments. The benefits are paid directly to the patient and are paid in addition to benefits paid by medical insurance or disability plans.
Also, cancer policies are completely portable, so an employee can keep the policy at the same rate if he should ever leave the company or retire. With benefits like these, you can’t afford NOT to have a cancer policy.
To see more statistics about cancer from the American Cancer Society, click here: The Facts About Cancer.
