Cancer treatment accounts for about 10% of U.S. health expenses. In fact, no single
disease accounts for more than a small proportion of the American public's health
care bill. This is why it is essential to have insurance coverage for all conditions,
not just cancer.
If you and your family are not protected against catastrophic medical costs, you
should consider a major medical policy. These policies pay a large percentage of
your covered costs after a deductible is paid either by you or your basic insurance.
They often have very high maximums, such as $100,000 to $1,000,000. Major medical
policies will cover you for any accident or sickness, including cancer. They cost
more than cancer policies because they cover more, but they are generally considered
a better buy.