While we hope you never have to receive a cancer diagnosis, they are common. According to the Center for Disease control, cancer was the second largest cause of death in the United States in 2019.1
In addition to the number of cases growing, the costs are also skyrocketing. Getting a cancer treatment without insurance can create a monumental financial burden.
Having a standard health insurance plan may cover some of the costs, but there can still be large sums you may be expected to pay out-of-pocket. Co-pays, travel, lodgings, and home health services can add up fast.
This is why having a cancer insurance policy is worth it. Aflac offers enhanced plans to help you with unexpected expenses following a covered cancer diagnosis, so you can focus more on getting better.
Some cancer treatments are more expensive than others, but they almost always come with considerable fees. The cost of cancer can range depending on the stage and location of the disease. However, one study showed it can range from $71,300 to $239.400, depending on if the diagnosis is prostate cancer or acute myeloid leukemia.2 Having a supplemental cancer insurance policy in place can help protect your income from the out-of-pocket expenses that may still arise with a primary insurance plan.
Receiving cancer treatment without insurance can add emotional stress on top of the physical stress your body is already battling. These emotional repercussions may also need to be addressed and they have their own associated costs. For example, getting a breast cancer screening with no insurance can cost a lot of money and may also cause emotional disturbance.
One study shows that 35% of cancer survivors between the ages of 18-49 have a difficult time paying their medical bills.3 Having cancer without health insurance can be a stressful situation, but having a primary and supplemental plan in place can help protect your savings and emotional well-being.
Having cancer without insurance can be risky. Below are some the main considerations you may face when deciding if you need supplemental cancer insurance to compliment your primary plan:
Getting tested for cancer without insurance can start off the journey in a stressful place. These are all factors to consider when deciding whether you should apply for cancer insurance.
Aflac’s cancer insurance can help cover a wide variety of expenses that your primary insurance plan may not completely cover. Our supplemental cancer insurance offers benefits that can help with expenses from hospitalizations, surgeries, and radiation or chemotherapy treatments. Benefits may also be available to help with expenses from hormone therapy, immunotherapy, stem cell and bone marrow transplantation, reconstructive surgery, and egg harvesting, as well as common cancer screenings such as breast cancer screenings.
Don’t wait until it’s too late. Help cover yourself and your family with affordable coverage from Aflac.
The cost of a supplemental cancer insurance plan may be worth it because it can save you money long-term, if you are diagnosed with a covered cancer. It can be difficult to pay for cancer treatments completely out-of-pocket.
For example, many people may wonder how much a cancer screening costs without insurance. It can cost hundreds of dollars, depending on what part of the country you reside in.4 This combined with office visit fees, diagnostic procedures, and treatments may escalate the costs. For instance, the average cost per month for chemotherapy ranges from $1,000 to $12,000.5 Supplemental cancer insurance can help protect your income from these unforeseen costs.
There are a few cases where having cancer insurance is particularly worth it:
We hope you never find yourself in a position where you have cancer and no form of supplemental insurance. Our cancer insurance plans can help you cover a variety of costs associated with covered cancer treatments, that your primary insurance may not cover.
From preventative care to ongoing support, we create affordable and detailed plans to best meet your needs.
Explore your life insurance options.
1 Centers for Disease Control and Prevention. An Update on Cancer Deaths in the United States. Atlanta, GA: US Department of Health and Human Services, Centers for Disease Control and Prevention, Division of Cancer Prevention and Control; 2021. Accessed June 21, 2021. https://www.cdc.gov/cancer/dcpc/research/update-on-cancer-deaths/index.htm#:~:text=Cancer%20was%20the%20second%20leading,females%20and%20315%2C876%20among%20males.
2 American Association for Cancer Research. Cancer Care Costs. Published June 10, 2020. Accessed May 18, 2021. https://www.aacr.org/about-the-aacr/newsroom/news-releases/cancer-care-costs-in-the-united-states-are-projected-to-exceed-245-billion-by-2030/.
3 American Cancer Society. Cancer Treatment & Survivorship Facts & Figures 2019-2021. Atlanta: American Cancer Society; 2019. Accessed June 21, 2021. https://www.cancer.org/content/dam/cancer-org/research/cancer-facts-and-statistics/cancer-treatment-and-survivorship-facts-and-figures/cancer-treatment-and-survivorship-facts-and-figures-2019-2021.pdf.
4 Yale News. “Breast cancer screening costs high, benefits uncertain, for women in 40s” Published March 23, 2020. Accessed June 18, 2021. https://news.yale.edu/2020/03/23/breast-cancer-screening-costs-high-benefits-uncertain-women-40s.
5 Asbestos.com. Additional Costs of Cancer Post-Screening. Updates January 28, 2021. Accessed May 18, 2021. https://www.asbestos.com/featured-stories/high-cost-of-cancer-treatment/.
This is a brief product overview only. Coverage may not be available in all states including but not limited to New Jersey & Virginia. Benefits/premium rates may vary based on plan selected. Optional riders may be available at an additional cost. Policies and riders have limitations and exclusions that may affect benefits payable. For costs and complete details of the coverage, please contact your local Aflac agent. In Idaho, Policies B70100ID, B70200ID, B70300ID, B7010EPID, B7020EPID. In Oklahoma, Policies B70100OK, B70200OK, B70300OK, B7010EPOK, B7020EPOK. Coverage is underwritten by Aflac. In New York, coverage underwritten by Aflac New York. Direct to Consumer individual coverage underwritten by Tier One Insurance Company. WWHQ | 1932 Wynnton Road | Columbus, GA 31999