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Group Cancer Insurance

CANCER INSURANCE

Allstate provides our cancer insurance.  The American Cancer Society notes that while medical care accounts for 35% of cancer costs (typically covered by health insurance), indirect costs (lost income, copays, transportation) comprise the remaining 65%.  Given the high prevalence of cancer (affecting half of all men and a third of all women), comprehensive financial planning is crucial.

 

 

 

PLAN OVERVIEW

Help pay for both the medical and non-medical costs associated with cancer treatment.


Individual and family coverage is available.


Preventative Care benefits include.


Benefits are paid directly to the insured.


Pays benefits in addition to any other insurance plan.

CONTACT LIFEPLUS

Roger Goodson
rgoodson@hilbgroup.com

Marshall Cook 
Mcook@hilbgroup.com

475 School Street, Suite 5
Marshfield, MA 02050

Phone: 781-837-9222
Fax: 791-837-9227

FREQUENTLY ASKED QUESTIONS

  • Within the first 30 days of employment or during enrollment.

  • The American Cancer Society estimates that 30% of the cost of fighting cancer is “Direct” costs which are paid for by your health plan; doctor visits, prescriptions, surgeries, etc. The other 70% of Indirect” costs come out of the patient’s pocket; lost income, co-pays, transportation, hotel, child care, special diets, etc.

  • The first occurrence benefit can be as high as $7,000, and hospital confinement can be as much as $200 per day. Benefits are paid based upon “Severity of Illness” as determined by diagnosis and course of treatment with no maximum.

  • No benefits are paid directly to the insured, with no questions asked.

  • Yes, family and individual policies are available.

  • Yes, each insured person is eligible for an annual $50.00 Wellness Benefit available for most cancer screenings such as mammography, Pap smear, PSA test, and sigmoidoscopy. This benefit is paid regardless of the test results.

  • Yes, it is possible to get the plan even if you have had cancer. There may be certain exclusions, so please speak with your Benefits Specialist for specific details.

  • Yes, the premiums can be pre-taxed without affecting the benefit received.

  • There are different coverable options, but an individual policy can cost as little as $4.89 per week.

  • Yes, this policy is portable (YOU OWN IT) at the same rates as when you were an employee.

KEEP IN MIND

Employees can elect to participate in the Cancer Insurance program during open enrollment in April, with an effective date of July 1. The enrolment process is done directly through Allstate.