Protect Yourself From The Unexpected

A cancer policy is designed to pay cash benefits directly to you if you are diagnosed with cancer.

Unlike traditional health insurance, these benefits are paid directly to the policyholder and can be used however you choose.

• Cancer treatment expenses
• Prescription medications
• Chemotherapy and radiation costs
• Travel and lodging for treatment
• Home care and caregiving
• Out-of-pocket medical expenses
• Everyday living expenses during recovery

These policies can provide critical financial support during one of life’s most difficult situations.

Many people assume Medicare covers all cancer-related costs, but that is often not the case.

Depending on your Medicare coverage, you may still face:

• Coinsurance costs
• Deductibles
• Prescription drug expenses
• Out-of-network treatment costs
• Travel expenses for specialists
• Non-covered supportive care expenses

Cancer insurance helps bridge those financial gaps.

Cancer insurance can be especially important for individuals enrolled in Medicare Advantage plans.

While Medicare Advantage plans may offer lower monthly premiums, they often include:

• Copays
• Coinsurance
• Deductibles
• Maximum out-of-pocket exposure

In some cases, Medicare Advantage plans can have annual out-of-pocket limits reaching several thousand dollars.

• Your share of treatment costs
• Higher out-of-network expenses
• Specialist visits
• Hospital bills
• Additional cancer-related expenses not fully covered by your plan

This added protection can help reduce financial stress during treatment.

 Even individuals with Medicare Supplement (Medigap) plans may benefit from cancer coverage.

While Medigap plans often cover many Medicare-approved medical expenses, there can still be costs related to:

• Prescription medications under Part D
• Travel and lodging
• Home recovery expenses
• Additional supportive care

A cancer policy can provide extra financial flexibility when it’s needed most.

Some cancer medications can be extremely expensive, especially oral chemotherapy drugs covered under Medicare Part D.

Even with prescription drug coverage, beneficiaries may still face:

• Deductibles
• Copays
• High medication costs early in the year

Cancer insurance can help provide cash benefits to assist with these prescription expenses and other treatment-related costs.

Helps reduce unexpected medical expenses.

Use the money however you need.

Provides additional support during a difficult time.

Many plans are designed to fit within a senior’s budget.

 Cancer insurance may be a good fit if you:

• Have a Medicare Advantage plan
• Want additional financial protection
• Are concerned about prescription drug costs
• Want help covering out-of-pocket expenses
• Prefer added peace of mind

Every situation is different, and we are here to help you review your options.

At Silver Bridge Health Advisors, we help seniors compare plans from major insurance carriers to find coverage that fits their healthcare needs and budget.

We can help you review:

• Cancer Insurance Plans
• Medicare Advantage Plans
• Medicare Supplement Plans
• Prescription Drug Coverage
• Hospital Indemnity Plans
• Dental & Vision Coverage