Researchers at Johns Hopkins University found that Medicare beneficiaries without additional health coverage paid an average of $8,115 a year, or 23.7 percent of their incomes, on out-of-pocket costs after a cancer diagnosis.* Maintaining appropriate health insurance is an important first step to protecting yourself financially in the event you are diagnosed with the disease, but that alone will not cover all your expenses.
Our CancerWise® Plus supplemental insurance plan is simple. It pays you a lump sum cash benefit upon a first diagnosis of cancer. This money helps you fill financial needs and can be used for anything you choose. It’s your money, your decision.
Cash Benefits Can Be Used For
Copays or Coinsurances
Rent or Mortgage
Everyday Living Expenses
How Does CancerWise Work?
Many of us will be affected by a cancer diagnosis in our lifetime.
CancerWise Plus can help provide an extra layer of financial protection so you can focus on recovery, not your finances.
Submit your claim.
Easily check the status of your claim online 24/7.
Receive your cash.
It’s your money, you decide how to use it.
Questions About Cancer Insurance for Seniors
Are benefits impacted by other insurance?
No. CancerWise benefits are paid independent of any other insurance policies.
Are there any restrictions on how I use the money?
No, you can use the money however you choose. It’s your money, your decision.
Does my money have to be used to pay for medical expenses?
No. You can use the money to pay for anything you choose, from medical deductibles to groceries to mortgage payments. It’s your money, your decision.
Does this plan depend on my employment?
No, as long as you make the monthly premium payment, this plan is not dependent on your employment status.
How do I receive the money?
If you have a covered accident or illness, you file a claim with SureBridge’s underwriting company, The Chesapeake Life Insurance Company. Once the claim is reviewed and approved, a benefit check will be mailed directly to you.
How is supplemental insurance different than medical insurance?
When you are injured or sick, your medical insurance pays your doctors and hospitals; supplemental insurance is designed to pay you. The cash benefit you receive from your supplemental insurance plan can be used for anything you choose, including expenses health insurance won’t pay for, such as deductibles, offsetting a loss of income during your hospital stay, family travel expenses, or to help with everyday living expenses.
How is supplemental insurance different than my current health insurance plan?
Health insurance plans pay your doctors and hospital. Supplemental insurance from SureBridge pays you. You decide how to use the cash benefits received.
If I am diagnosed, how do I receive the money?
Upon first diagnosis, you must submit a claim with all requested diagnosis information. Once we have received all the necessary information, a one-time check will be sent to you within two weeks of the claim. You are then free to use the money however you choose.
Is supplemental insurance expensive?
SureBridge plans provide customizable protection for you and your family to fit any budget. Our policies are designed to fit your budget and fill the gaps to help protect your financial security. Get a quote to find out just how affordable adding supplemental insurance protection can be.
What is the difference between CancerWise and regular medical insurance?
Medical insurance usually pays your doctors and hospital to cover the costs of cancer diagnosis and treatment, but there are often additional unexpected costs associated with cancer diagnosis and treatment that medical insurance does not cover. CancerWise helps cover those gaps by paying a one-time lump sum directly to you to be used however you choose.
Who can I speak with to find out more information?
Call (866) 876-8756 Monday – Friday from 8:00 am through 7:00 pm for more information on SureBridge products.
Why do I need supplemental insurance from SureBridge if I already have medical insurance?
Medical insurance is very important but it is only part of the protection you need. You also need coverage to help fill financial gaps such as out-of-pocket medical expenses and other daily living expenses. Supplemental insurance pays you a cash benefit directly to you to help fill financial gaps.