“In the United States, men have a slightly less than 1-in-2 lifetime risk of developing cancer. American women have a greater than 1-in-3 lifetime risk.”
– American Cancer Society
The Affordable Care Act requires that all individuals maintain major medical insurance. The “individual mandate” was a controversial piece of legislation because millions of people are purchasing insurance they never use. In the case of cancer policies, most companies either do not offer group policies or do not educate their employees about them when the simple math states that this should be one of the most important benefit a company offers.
Given that staggering number of men and women who will develop cancer over their lifetime, this low cost product is obviously one where that actually makes sense to provide. If you are an employer, contact one of our experienced consultants and see strategies for protecting your employees and their families.