At a time when your clients are struggling to keep medical costs down, recommending group cancer insurance allows them to enhance their benefits package with an affordable benefit that can help attract and retain employees. Whether offered on an employer-funded or voluntary basis, group cancer insurance can be a cost-effective and valuable benefit.
Today's employees are taking on a bigger financial responsibility for their health care coverage. This provides you with an opportunity to offer your clients a product that can help cover the out-of-pocket costs their employees could be left to pay. Cancer insurance provides a lump-sum payment for diagnosis, certain procedures, screenings and treatment. Payments are made to the employee, regardless of medical insurance, and can be used for any purpose.
Many brokers today are looking for new ways to meet each client’s needs for an affordable yet attractive benefits portfolio. Recommending group cancer insurance can help you:
- Develop a more consultative relationship
- Increase sales
- Diversify revenue streams
Cancer Insurance is a benefit every company should make available
Cancer survival rates are on the rise. That's good news. But so are the costs of treating it. While medical insurance is a great help, the costs of cancer can go well beyond what it covers. In fact, the average out-of-pocket cost for a person battling cancer is estimated to be $1,266 a month.1
Copays and deductibles, out-of-network treatments, home health care needs, travel and experimental treatments are just some of the costs a person could face if they are diagnosed with cancer. And that’s on top of everyday bills such as groceries, utilities, car payments and others. It's hardly surprising that people diagnosed with cancer are three times more likely to file for bankruptcy.2 Cancer insurance can help your clients protect their employees from these overwhelming expenses.
Why Guardian Cancer Insurance?
Flexibility is key to meeting the varied needs of each of your clients. With Guardian, you can offer three types of group cancer insurance plans: Value, Advantage, and Premier. Our plans provide increasing coverage levels so that you can recommend the best cancer insurance coverage that fits your clients’ budget and workforce needs.
Our plans are available to companies with 2 or more employees. They provide a lump-sum payment for diagnosis, certain procedures, screenings and treatment. Payments are made to the employee, regardless of medical insurance, and can be used for any purpose.
Our most basic cancer insurance plan ensures that your employees are paid benefits for many common procedures and treatment. Highlights include:
- Cancer screenings ($50 - $150/insured/year)
- Inpatient services. Hospital and intensive care unit confinement, attending doctor, second surgical opinion, surgery.
- Outpatient services. Radiation or chemotherapy, immunotherapy.
- Transportation. Air and ground ambulance.
Our Advantage Plan offers an increased level of protection over our Value Plan and adds benefits for services such as:
- Initial diagnosis
- Anti-nausea medication
- Bone marrow and stem cell transplants
- Experimental treatment
- Home health care
- Inpatient special nursing care
- Medical imaging
- Outpatient and family member lodging
- Outpatient or ambulatory surgical center care
- Physical and speech therapy
- Reconstructive surgery
- Transportation and companion transportation
Our most comprehensive plan increases many of the coverage amounts that our Value and Advantage Plans pay, plus it includes coverage for alternative care and reproductive benefits.
We’ll give you the materials and support you need to succeed
To make sure every new benefit introduction is a success, our dedicated enrollment team creates tailored enrollment strategies for your clients that may include:
- Guardian appointed representative for face to face employee education
- Support and education, from pre-enrollment through ongoing life events
- A dedicated employee benefits hotline
- Flexible online enrollment solutions that can be integrated into an existing system or stand on its own
Financial strength you can count on
Our 50-year reputation for customer service and reliability means that you can feel confident recommending Guardian to clients. You can count on us to be there when you need us most. That's why we're one of the most highly rated insurers in the industry.