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How much does supplemental cancer insurance cost?

The average cost of cancer treatment is roughly $150,000, according to AARP. Supplemental cancer insurance policy premiums typically cost between $10 to $50 per month. The costs depend on the provider you choose. Is supplemental cancer insurance worth it? The answer: It depends on your situation.

Do supplemental health insurance plans cover cancer?

Supplemental health insurance plans do cover cancer, but they require you to pay monthly premiums and provide a lump-sum cash payment to you instead of directly covering medical expenses. You may think you can rely on your standard health insurance for cancer coverage.

How do I find the best supplemental cancer insurance?

To find the best supplemental cancer insurance for you, research and compare three to five companies. Consider factors such as costs, coverage amounts, coverage options, waiting period requirements, and benefit caps.

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