How critical is a critical illness voluntary policy when it comes to helping a family financially survive cancer?
While it’s been widely reported that the pace of health care inflation has begun slowing, that trend unfortunately does not extend to the cost of cancer care.
A 2011 study from the Duke University Medical Center showed that cancer patients pay, on average, $1,266 a month out-of-pocket for treatment — costs that must be covered through private insurance, Medicare or a combination of the two.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
