Critical Illness Insurance Fast Facts [Infographic]
October 19, 2015| By Steve Rowley |
Region: North America
From time to time we’re asked why an individual should buy Critical Illness insurance. After all, isn’t that why we have health insurance? The unfortunate fact is that few (if any) of us have the comprehensive, low deductible or co-pay plans that were common even just a few years ago.
Worse yet, this is only one aspect of a perfect storm that threatens to wipe out the finances of many Americans. In addition to rising out-of-pocket costs associated with incurring a critical illness, many survivors are facing skyrocketing treatment costs, and limited financial resources. This Infographic gives an overview of the situation, explaining why surviving a critical illness can be financially devastating.
To learn more about the origin and growth of Critical Illness in the U.S., see our video blog.