You can survive cancer…but can your bank account?

I recently read the article that was posted in the Star Phoenix and Leaderpost entitled “Life After Lung Cancer”. Randy Moore describes how he was healthy, he never saw it coming, and then one day BOOM, he is diagnosed with lung cancer and his whole life changes.

I love this quote he says:

I think there’s a lack of education where people don’t realize that in fact you can live if you are diagnosed with something like this [lung cancer]. So I think there should be more education.

I love it Randy Moore. You are right on with what I strongly believe. With advances in medical technology today, your chance of survival is very high. In fact the Canadian Cancer Society says you have a 55% chance of survival from cancer (includes all types). And the Heart and Stroke Foundation says you have a 95% of surviving a heart attack and an 85% chance of surviving a stroke.

So again, I put the questions out there. What are you going to do about your bills, your mortgage, your retirement fund, your child’s education, if you find yourself sick one day and realize that your provincial health plan is not covering 100% of the costs of your medication. It sure as heck isn’t covering any of the new drugs out there — as those take months/years to pass through legislation. So if you want the best and newest drugs to cure your cancer, heart attack or stroke, how are you going to afford? Do you think your doctor is going to order you back to work asap? Probably not.

You need time to heal, regain your strength, beat cancer. But can you do this with no income? Some people believe that their disability plans will cover them. But disability plans only pay out 60% of your current salary, and they don’t cover the added costs of medication and treatment.

Look at Randy Moore. Who do you think paid for his flight to Vancouver? He did. And the PET scan he talks about is not covered by most provincial health plans. The Canadian Cancer Advocacy stated in April 2008 that the average cost of a PET Scan is $22,000. I wonder how Randy Moore afforded this.

This is why Dr. Marius and Dr. Christian Barnard created critical illness insurance. It wasn’t created by actuaries and insurance people, it was created by doctors. So you can heal yourself and still pay your bills. So you don’t have to rush back to work. So you can take care of life’s money problems and only worry about getting better.

Because chances are you will survive!