Just as cancer diagnoses are increasing, so are the costs to treat them. The current out-of-pocket cost for cancer treatment is $1,266 a month1, and cancer costs have been rising about 5% every year.2
Cancer insurance helps your employees access the procedures and screenings they need, with benefits paid directly to the employees, regardless of their medical insurance. It’s a way to relieve their financial burden during a time of stress – and to make your benefits package more comprehensive.
The payments can be used for any purpose such as:
- Copays, deductibles or coinsurance for cancer procedures and treatments
- Experimental treatments not covered by health insurance
- Transportation to a specialized care facility or lodging
- Everyday expenses, like rent, mortgage, groceries or other bills