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Medicare Blog | Medicare News | Medicare Information

The Cost of Cancer; Insurance Matters

Posted by www.psmbrokerage.com Admin on Thu, Nov 06, 2014 @ 11:27 AM

blog picCancer Survivors Need Financial, Rather Than Emotional, Support Following Diagnosis:

There are between 14.5 million and 19 million cancer survivors living in the United States. Actuaries estimate there will be an additional 1.6 million cases this year. With numbers like that, there’s a good chance some of your clients are struggling with a cancer diagnosis. Nearly 40% of survivors were able to cover their treatment without incurring medical debt, but of those who weren’t so well-prepared, 30% have $10,000 or more in debt related to their health. Half of those have at least $20,000 in debt.

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Source: thinkadvisor.com

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Tags: cancer insurance

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