A cancer diagnosis should not include the added burden of financial stress, and with cancer insurance, it doesn’t have to. This add-on to many life insurance policies can provide peace of mind, especially for those who have families who depend on them and/or have a family history of cancer.
If you haven’t heard of cancer insurance before, or are looking to learn more about this unique coverage, this article is for you. It is our goal to educate people on the insurance options available so they can make the best choices for their health. In addition, we hope to be a resource for companies who may be looking to add cancer insurance to their benefits package for their employees.
Our company is based in LA County and we are happy to assist businesses all over Southern California with their employee benefits needs. Whether it’s through retirement accounts, insurance packages, HR and payroll assistance, and more, we are proud to work with companies of all sizes and industries in the Golden State.
Cancer diagnosis and treatment often fall outside of the scope of traditional health insurance, creating an additional burden on the families and the people affected by cancer. On top of this, costs such as transportation and lodging to receive care, medications, home care, and others can quickly add up, and are rarely covered in an insurance package.
This is why cancer insurance is an ever-growing service that is added to company health plans by many employers or taken out by individuals as part of their private health coverage.
A cancer insurance policy is designed to fill many of the gaps in a traditional insurance policy when it comes to diagnosing and treating the disease. This includes many of the items we discussed previously, such as travel, medications, in-home medical care, and even experimental treatments. When a person adds cancer insurance coverage, they can gain peace of mind from a financial standpoint.
While cancer insurance can certainly decrease the financial burden of fighting this awful disease, it does have a few exceptions. Any cancer which was diagnosed or existed before the policy was in place is not covered, and some expenses such as co-pays will be out of pocket. With this said, if coverage is in place before a diagnosis, it can add a life-changing layer of protection.
If you are considering adding a cancer insurance policy, it makes sense to shop around, do your research and find the right provider for your specific needs. If you are an employer who is looking to add cancer insurance to your benefits package, you should know it can make a big difference in your coverage as compared to others, and we work with our business clients to find the right coverage for their unique company and employee needs.
Looking for more information on cancer insurance, or on any benefits for a company or insurance coverages for individuals? Our team of experts is standing by and ready to help, give us a call today!