Closing the Care Gap on World Cancer Day

World Cancer Day, held every February 4, is a global initiative to raise awareness, improve education, and generate action in the advancement of a cancer-free world. This year’s theme is “Close the Care Gap”, focused on enabling more people to seek and receive the care they need and deserve.

For BCS, this theme hits close to home. In fact, our mission, in part, is to provide easy-to-use solutions that improve access to healthcare.  We recognize that inequity in care can cost lives, and that barriers and gaps in coverage affect so many Americans – even those with “good” health insurance.

Because after health insurance pays their portion of treatment, there are still out-of-pocket costs like deductibles, coinsurance, and copays (the maximum total of which can be up to $15,000 for family coverage). Services like caregiving, transportation/lodging, cleaning and more must be factored in. And, the bills still have to be paid, which can be a challenge for someone who has to take time off work for treatment and may not be receiving a regular paycheck.

That’s why we developed our EssentialCare Critical Illness policy, which pays a cash lump-sum in the event of a critical illness diagnosis, such as cancer. EssentialCare Critical Illness is a supplemental policy that works alongside traditional health insurance. Upon diagnosis of a covered illness, funds are paid directly to the insured to be used however they see fit, helping to ease the financial burden of a diagnosis and allowing patients to focus on their road to recovery.

The EssentialCare Critical Illness policy is a group voluntary product sold through brokers and employer groups. For more information about how you can offer this to your clients and employees, contact Pete Laio.