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The stage, type and history of cancer all impact life insurance eligibility and cost. Guaranteed issue, group life and simplified issue policies are typically more accessible.
Cancer insurance is a type of supplemental health insurance that is meant to manage the risks associated with the cancer disease and its numerous manifestations. Cancer insurance is a relatively new trend within the insurance industry. It is meant to mitigate the costs of cancer treatment and provide policyholders with a degree of financial ...
Pediatric cancer is a diagnosis no one ever wants to receive, and it's increasingly coming with a price tag very few can afford to pay. "That's just it; the price tag is enormous," said Kate ...
A United States General Accounting Office study found that the policies paid back as little as 35% of premiums (Aflac said its cancer insurance paid back 62.4%). In comparison, New York State requires most major-medical policies to pay back 82% and group policies to pay back 75%. New York State does not allow stand-alone cancer policies.
The extra cost of malpractice lawsuits is a proportion of health spending in both the U.S. (1.7% in 2002) [112] and Canada (0.27% in 2001 or $237 million). In Canada the total cost of settlements, legal fees, and insurance comes to $4 per person each year, [113] but in the United States it is over $16.
New York resident Lynn Scarfuto, 72, spent several years working as a nurse navigator, helping patients through their cancer ordeals before she became a cancer
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