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For example, a scheduled benefit policy may offer a benefit of $20,000 for chemotherapy treatment, but a much smaller allowance for transportation to and from a specialist, as well as lodging for the patient and their family. A policy may also offer an upfront cash benefit paid once a patient receives a positive diagnosis from a medical provider.
Aflac’s cancer focus provides some bleak upside to these demographic trends, as rates of the disease are skyrocketing. “Cancer is a disease of the aging,” Piper Sandler’s Barnidge points out.
New York State does not allow stand-alone cancer policies. In 1997, AFLAC spent $175,000 on lobbyists and campaign contributions to change the law. [18] New York State lifted its ban in 1998 for purchasers who already have basic coverage. [19] Consumer Reports recommended that policyholders use the money instead to buy lower-deductible ...
In January 2010, Children's announced a $75 million investment in pediatric research centers of excellence over a five-year period, with a focus on the Aflac Cancer Center and Blood Disorders Service of Children's. [11] On September 29, 2024, Children's opened Arthur M. Blank Hospital.
Key takeaways. Life insurance is available for cancer patients, though options and rates vary widely. The stage, type and history of cancer all impact life insurance eligibility and cost.
Workplace wellness, also known as corporate wellbeing outside the United States, is a broad term used to describe activities, programs, and/or organizational policies designed to support healthy behavior in the workplace. This often involves health education, medical screenings, weight management programs, and onsite fitness programs or ...
A health insurance policy is a insurance contract between an insurance provider (e.g. an insurance company or a government) and an individual or his/her sponsor (that is an employer or a community organization). The contract can be renewable (annually, monthly) or lifelong in the case of private insurance.
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