Supplemental Health
What is cancer insurance and who needs it?
Cancer insurance pays cash benefits specifically for cancer diagnoses and treatment. 1 in 2 Americans will be diagnosed with cancer in their lifetime. Average cancer treatment: $150,000+ in direct medical costs. Cancer insurance pays you directly — cash for anything. Typically costs $20–$50/month for an individual.
Key Points
- Pays cash directly to you — not to the hospital
- 1 in 2 Americans will be diagnosed with cancer in their lifetime
- Average cancer treatment: $150,000+ in direct medical costs
- Covers indirect costs health insurance doesn't: lost income, travel, childcare
- Typically costs $20–$50/month for an individual
- Particularly valuable for people with a family history of cancer