Getting a diagnosis of cancer brings all sorts of feelings, from worry about your own death to worrying about whether you are going to be able to afford treatment. Cancer insurance can help you relieve one of those worries and be able to protect your family and their finances.
Employers and health insurance providers both offer cancer insurance policies. This type of supplemental coverage can pay for the costs of deductibles, copays, and other costs that are not covered by your traditional health insurance. Additionally, colonoscopies and mammograms can be covered to ensure you get the preventative testing you need as well. This can go a long way to helping reduce your stress when you are dealing with cancer.
After your diagnosis, your doctor will have to submit paperwork detailing your illness and treatment plan. Your insurance company will then take all of the information that your physician sent them and do an evaluation to determine what kinds of claims you may file in the future.
Ongoing treatment is the norm in cancer, which dictates a need for many different types of claims to be filed. Insurance will cover most of your health care costs, but there are other costs that may not be covered and this is where your cancer insurance will kick in to decrease the stress on your familys finances.
For most patients, a cancer insurance policy will cover the entire cost of chemo and radiation treatments, while traditional health insurance only pays a percentage. In addition, a cancer policy will cover regular scans to determine the progression of your illness, as well as hotel costs if you need to go out of town for treatment. These costs can quickly add up, which is why a cancer coverage policy can mean the difference.
While this type of policy may be very difficult to sign up for, due to the fact that no one wants to consider that they may get cancer, it can be a way for you to take care of your family and expenses when you are not able. The premiums now can make a big difference in the future for you and your family.