According to the American Cancer Society:
Fact No. 1 Men have a slightly less than 1 in 2 lifetime risk of developing cancer in the United States.
Fact No. 2 Women have a slightly more than 1 in 3 lifetime risk of developing cancer in the United States
Nearly half of all Americans experience cancer at some point in their life. Cancer Treatments may not be covered entirely by your health insurance and are a huge drain on the patient and their family finances. There may be deductibles, co-pays, and other expenses you have to be responsible for.
Cancer Insurance is meant to be a supplement to existing health insurance, not a replacement and provides protection against charges regular health insurance cannot cover. Cancer treatment is expensive. Today, cancer costs patients and families more than any other chronic illness.