Cancer Protection Plan Insight

Cancer is defined as an abnormal proliferation of bodily cells. Each of us is born with the potential to develop cancer. It cannot be “caught” like an illness or a cold. When a cell or a group of cells’ programming is disrupted, growth can become uncontrollable. Chronic irritation, nicotine, smoke, and dust, radioactive chemicals, age, sex, race, and genetics are all factors that can change the code.

Do you need a cancer protection plan?

While many of these elements are beyond our control, we must be mindful of those that are. Cancer prevention is unquestionably preferable to cancer treatment. So, with this scenario opting for cancer protection plan becomes important.

For the year 2020, the estimated number of cancer patients in India was 1,392,179 with the most common 5 main locations being breast, lung, mouth, cervix uteri, and tongue. Evidently, it is a bigger threat than we would like to believe.

Hence, it is important to have a plan in place against such diseases.

All about Cancer Protection Plan

A Cancer Protection plan is a form of coverage that provides financial help to individuals who are diagnosed with the disease after the free lookup time specified in the terms and conditions of the purchased cancer protection plan.

Cancer-specific insurance covers the costs of cancer diagnosis and treatment, such as hospitalization, chemotherapy, radiation, surgery, and so forth.

The money is generally paid out at various levels of diagnosis, such as minor, major, and critical. Cancer insurance plans, however, do not often death, maturity, or surrender benefits. It is also not restricted to the actual cost of therapy in a hospital.

What is covered in the Cancer Protection Plan?

• Covers every cancer stage: When a person is diagnosed with cancer, he or she is covered for medical expenditures up to the amount insured under the cancer insurance policy. Coverage is available for hospitalization and in-patient care, as well as daycare therapy, ambulance coverage, organ donor coverage, and other services.
• Medical expenses pre and post-hospitalization: Medical therapy may begin before the patient is admitted to the hospital and continue after the patient is discharged. Medical expenditures spent before and after hospitalization are also covered for 30 and 60 days, respectively, under medical insurance.
• There is no cap on ICU charges: When a patient is admitted to the ICU for a few days, the hospitalization expenses might be rather high. With cancer insurance, you won’t have to worry about medical expenditures because there is no cap on coverage for ICU expenses.
• Includes chemotherapy as well as radiotherapy: Almost every cancer patient needs to undergo chemotherapy or radiotherapy. Cancer Protection Plan from Care Health Insurance takes care of these expenses and provides necessary assistance throughout the treatment procedure.
• Annual health mandatory check-ups: A regular medical check-up is essential for optimum health. A Cancer Protection Plan entitles the insured to an annual health check-up once throughout the policy year.

Before buying any plan, you need to also shift your focus on, the exclusions of the cancer insurance policy to understand the terms and conditions appropriately.

Exclusions could be as follows

• The plan does not cover any suicide attempts or any damage caused due to alcohol, cigarettes, or tobacco
• Surgeries like cosmetics and plastic surgery are not to be covered
• All dangerous behaviors
• A nuclear, chemical, or biological strike, as well as weapons capable of causing severe harm
• Injuries or illnesses caused by the insured’s unlawful intent to breach the law

Wrap-Up

Understanding the features and exclusions of different policies will help you compare the plans available in the market. Hence, before buying a cancer insurance plan consider the inclusions and exclusion along with the claim procedure to avoid any mistakes.

Make sure to choose trusted insurance providers such as Care Insurance to have a sound financial plan against emergencies.

References:

DOI: 10.1200/GO.20.00122 JCO Global Oncology no. 6 (2020) 1063-1075. Published online July 16, 2020. https://ascopubs.org/doi/10.1200/GO.20.00122