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Does medical insurance cover cancer?

If you're diagnosed with cancer, you may find that your medical insurance doesn't cover everything. In addition to your day-to-day bills, you could incur costs for treatment and recovery, such as: The need to scale back on work or take a leave of absence during treatment and recovery only adds to the stress.

What is cancer insurance?

Cancer insurance, also known as specified-disease insurance in some states, is a type of supplemental health insurance that pays cash benefits for various cancer diagnoses and treatments.

How much does cancer insurance cost?

Cancer insurance premiums are generally affordable. Many plans cost $10 to $50 per month, although your premiums can vary based on many factors. 3 Regardless, these premiums can be well worth the cost of cancer and other expenses you must cover during treatment. Many use cancer insurance payouts to help cover treatment and medication costs.

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