Even after paying the ever-rising premiums, many Americans find themselves struggling to pay expenses their health insurance doesn’t cover in the event of a critical illness. That’s not surprising, given the increasing costs of treatment, care, copayments and deductibles.
Average family premiums have increased 47% more than wages or inflation since 2021.1
of covered workers have a high
Even with health insurance that provides 80% coverage, the remaining 20% for a major surgery can exceed $100,000.3
of cancer patients and their families estimated spending more than $20,000 each year in total out-of-pocket costs.4
Patients with heart disease typically have out-of-pocket costs of more than $2,000 per year.5
Medical bills are reported to be the number-one cause of
bankruptcies in America.6
Cancer 1.9 million new patients a year.7
Stroke 795,000 cases a year.8
Major organ transplant 39,000 a year.9
Kidney failure 750,000 cases a year.10
Meeting the minimum family deductible of a highdeductible health plan, with up to $2,200 left over.11
A treadmill to help with rehabilitation.12
Uber rides to health care appointments.13
Home visits with a registered dietitian.14
Ask your Aflac representative for more information about critical illness options for your employees.
Companies choose to make Aflac policies available to increase benefits options without impacting their bottom line.
1 Kaiser Family Foundation. “Average Family Premiums Rose 4% to $21,342 in 2020, Benchmark KFF Employer Health Benefit Survey Finds.” Published 10.8.2020. Accessed 12.27.22.
2 Kaiser Family Foundation. “2022 Employer Health Benefits Survey.” Published 10.27.22. Accessed 12.27.22.
3 JACC: Cardiooncology. “Hospital and surgery costs.” Updated 10.12.21. Accessed 12.27.22.
4 Public Payers News. “Cost of Cancer Care Reaches Nearly $150B Nationally.” Published Jan. 15, 2020. Accessed 12.27.22.
5 JACC: Cardiooncology. “Atherosclerotic Cardiovascular Disease, Cancer, and Financial Toxicity Among Adults in the United States.” Published 11.02.21. Accessed 12.27.22.
6 The Balance. “Medical Bankruptcy and the Economy.” Published 01.20.22. EST. Accessed 12.27.22.
7 National Cancer Institute. “Cancer Stat Facts: Cancer of Any Site.” Published 2022. Last Reviewed 10.14.22. Accessed 12.27.22.
8 CDC. Stroke Facts. Accessed 1.21.2021.
9 UNOS. “Data and Trends.” Last Updated 12.25.22. Accessed 12.27.22.
10 University of California San Francisco. “The Kidney Project: Statistics.” Published 2019. Accessed 12.27.22.
11 HealthCare.gov. “High Deductible Health Plan (HDHP).” Updated for 2022. Accessed 12.27.22.
12 Best Buy. “NordicTrack Commerical X32i Black NTL39221.” Accessed 12.27.22."
13 Based on 2019 national average, $25.37 per ride. Statista. “Average Quarterly Cost Per Ride of Ridesharing Services in the United States from 2017 to 2019.” Updated 03.01.22. Accessed 12.27.22.
14 Based on $150 per session fee. Fees vary widely; this fi gure is on the higher end. CostHelper Health. “Nutritionist Cost.” Accessed 12.27.22.
This is a brief product overview only. The plan has limitations and exclusions that affect benefi ts payable. Refer to the plan for complete details.
Continental American Insurance Company (CAIC), a proud member of the Afl ac family of insurers, is a whollyowned subsidiary of Afl ac Incorporated and underwrites group coverage. CAIC is not licensed to solicit business in New York, Guam, Puerto Rico or the Virgin Islands. For groups sitused in California, group coverage is underwritten by Continental American Life Insurance Company. For groups sitused in New York, coverage is underwritten by Afl ac of New York. Continental American Insurance Company | Columbia, SC