Why Cancer Insurance?
According to the American Cancer Society:
- In the United States, men have about a 1-in-2 lifetime risk of developing cancer; for women the risk is a little more than 1-in-3.*
- It is projected that on an annual basis over 1.8 million new cancer cases will be diagnosed. * As advances in cancer treatment continue, more and more people will survive:
- Approximately 16.9 million Americans with a history of cancer were alive in 2019.*
- The five-year relative survival rate for all cancers diagnosed between 2009 – 2015 is 69%, up from 55% in 1987-1989.*
- The National Institutes of Health estimated the overall costs for cancer in the year 2020 at $206 billion.