Cancer Insurance
Tough times get easier with cancer insurance
Offer protection through diagnosis, treatment and recovery
At Medcore Brokerage, recognized as the Best Employee Benefits Consultant in Texas, we understand the profound impact a cancer diagnosis can have on your employees and their families. Offering Cancer Insurance as part of your employee benefits package provides essential financial support during a challenging time, helping to alleviate the burden of medical expenses and allowing your team to focus on recovery.
Why Offer Cancer Insurance to Your Employees?
Make the costs associated with cancer more manageable for your employees
Cancer treatment can be costly, even with a solid health insurance plan. Out-of-pocket expenses like deductibles, co-pays, and non-covered treatments can quickly add up. By providing Cancer Insurance, you offer your employees a safety net that:
- Provides Financial Support: Offers a lump-sum cash benefit upon diagnosis, which can be used for medical bills, travel for treatment, or everyday living expenses.
- Enhances Employee Well-being: Reduces financial stress, allowing employees to concentrate on their health and recovery.
- Demonstrates Care: Shows your commitment to supporting your employees during difficult times.
Commonly asked questions about cancer insurance
Medcore Brokerage offers several individual and group cancer insurance plans, with several optional riders also available. Product availability differs by state. To learn more about the features and benefits of each one, contact your Medcore Brokerage sales representative.
Individual and group plans have pros and cons. Your Colonial Life sales representative can help you determine the best fit for your business and your employees.
Pros for individual plans include:
- Employee-owned and portable, so employees can keep their policies if they change jobs
- Guaranteed renewable in most states; rates stay stable
- No participation requirements or account-level rate increases
Individual plans may have stricter underwriting requirements and have more limited rate flexibility, which leads to potentially higher rates.
Pros for group plans include:
- Employer-owned, so benefits apply to all eligible employees across state lines (based on situs state)
- Flexible underwriting with guaranteed-issue options
- More rate flexibility
Group plans may experience group-level rate increases and are ported or converted at higher rates. Minimum participation requirements are also common.
Our cancer insurance offers more than 20 benefits that can help pay for costs that may not be covered by your medical insurance. Some of these include:
- Radiation/chemotherapy
- Surgical procedures
- Hospital confinement
- Transportation and lodging
If insured employees are diagnosed with cancer, they can file a claim with Colonial Life and begin the process of receiving benefits for their treatment and recovery. If they have an initial diagnosis rider, they may be able to receive additional lump-sum benefits during the diagnosis phase.
Key Features of Our Cancer Insurance Plans
As the Best Employee Benefits Consultant in Texas, Medcore Brokerage offers Cancer Insurance plans with the following features:
- Comprehensive Coverage: Benefits cover various stages and types of cancer diagnoses.
- Flexible Benefit Amounts: Choose from multiple coverage levels to suit your employees’ needs.
- Wellness Benefits: Some plans include benefits for cancer screening tests, promoting early detection.
- Family Coverage Options: Employees can opt to include their spouses and dependents.
Why Partner with Medcore Brokerage?
When you choose Medcore Brokerage, you’re collaborating with the Best Employee Benefits Consultant in Texas. Here’s what sets us apart:
- Expert Guidance: Our knowledgeable consultants help you navigate the complexities of insurance options.
- Customized Plans: We tailor benefits packages to meet the specific needs of your workforce.
- Seamless Implementation: From enrollment to ongoing support, we ensure a smooth experience.
- Regulatory Compliance: We stay updated on industry regulations to keep your plans compliant.
Tailored Solutions for Your Business
We recognize that every organization is unique. Our team will work closely with you to design a Cancer Insurance plan that aligns with your company’s objectives and budget. Whether you prefer an employer-paid model or a voluntary, employee-funded option, we have solutions that fit.
Get Started Today
Empower your employees with the financial protection they need when facing a cancer diagnosis. Contact Medcore Brokerage—the Best Employee Benefits Consultant in Texas—to learn how we can enhance your employee benefits package with comprehensive Cancer Insurance.
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