Legal and Financial Impacts of Cancer
M.D. Anderson, one of the nation’s premier cancer treatment centers, just released this post on their website. I’ve highlighted the relevant portions as it relates to what we do for our clients.
It’s amazing to me that even when you have great health insurance, you will probably still come out of pocket over $35,000 of your own money if you go through this disease. With 1 out of every 2 men – and 1 out of every 3 women – eventually having to deal with cancer, this is something that everyone should be planning for.
Obviously it makes a lot more sense to have someone else pay for that instead of having to raid your 401(k) or college funds or refinancing your home – especially since you get all your money back if you don’t use the insurance.