Family Health Insurance is Not Enough Coverage

Cancer Insurance — Thu, 22 Mar 2012 16:09:32 +0000

Health Insurance is always a hot topic in the United States and most Americans do have some form of health insurance coverage. However, in the US cancer and critical illness treatment is SO costly that even families with medical coverage are declaring bankruptcy, at very alarming rates. The last census actually found that close to 1,000,000 Americans a year were declaring bankruptcy do to medical bills. Sadly, over 500,000 of these were filed by good, hard working Americans who did have family health insurance.

The number one reason these families fell apart was that the bread winner was either too sick to work or that bread winner could not cover the increased expenses and time dedicated to the sick spouse. A simple way to imagine these costs is if you ever had to care for an elderly parent or grandparent. This generation may have a small social security check or pension to help pay for costs, often times a young family will have no disability policy and certainly no social security check to collect.

When one gets cancer, heart attack or stroke the family is faced with increased travel expenses, child care, gasoline costs, missed work days, reduced income and a number of problems. A normal family may spend $20-30K extra after deductibles and copays.

Call 877-305-9083 to speak with an agent about protecting your health.

Cancer Insurance Reviews

Cancer Insurance — Sat, 07 May 2011 16:21:15 +0000

Why should you buy Cancer Insurance?

Cancer is a serious illness where body cells show abnormal growth leading to many health complications. Cancer can sometimes be invasive wherein it grows and spreads to nearby body tissues and kills them. Metastatic cancers spread within the body to various parts and organs. The reason for the development of these cells is still not clear but doctors believe that such cells are always there in a inactive state within the body.

Therefore, nobody is sure as to when this cancer will attack their body and for this reason Cancer insurance is a must for everybody. Cancer insurance can help you with random expenses if you are afflicted with this disease.

People usually ask, “Why buy Cancer insurance when my Humana health insurance pays for such treatments?”

Though health insurance covers your health, it does not cover all the random expenses which are never covered by the health insurance carrier. Needless to say the lack of money you are earning because you are getting treated for cancer and most certainly cannot work. Cancer insurance works as a supplement, much like a disability policy. It provides money when you need it most.

Cancer insurance comes with a cash benefit usually $10,000, $20,000, $50,000 benefit. While this benefit does get paid to you in a lump sum check, you will quickly see that this money has a way of spending itself.

First, if you have a rare cancer, there are clinical and hospital based treatments that a normal health insurance policy will not cover because they are considered trial or experimental treatments. You can use your cancer insurance money to cover the expenses on various cancer treatments or radiation therapy that fall outside the scope of normal cancer treatment. Your cancer insurance benefit could also be used for experimental medications related to the treatment.

Secondly, Cancer insurance money can be used for payment of transportation and lodging and assists with the expenses incurred on moving services if you need to temporarily re-locate while being treated (sometimes a health policy would pay some of this, but definately not all). Aside from this, traveling long distances to other states to be with family and friends during treatment is quite expensive and standard health insurance will not cover for a spouse or loved one to have a hotel to be near by. Also after treatment the money can help pay for a friend or spouse to take time off work to assist with your recovery.

Another sad concern is when cancer patients need extensive plastic surgery after treatment. A health policy will only cover so much plastic surgery, your cancer insurance benefit may go toward prosthesis (creation of false body part for replacing the damaged one) or reconstruction of body parts. Some cancers that effect the face can leave people with extraordinary damage and deformation.

Such random expenses can easily be paid for with your benefit money. Even if you have health insurance, it is beneficial to have Cancer insurance considering the unforseen costs if one gets this disease at any stage in his or her life. Finding an affordable cancer policy is easy and you can begin by getting a Cancer Insurance Quote. Ultimately, the decision to go for this insurance is yours and depends on your concerns and expectations. But no matter how much money you may or may not have, during cancer treatment you will have greater expenses than you had when you were healthy.