Plan for all the unexpected costs of cancer

Plan for all the unexpected costs of cancer

Picture: iStock

Cancer, regardless of the type and who is affected, is costly in myriad ways.

Annually, 100 million people globally face poverty because of healthcare expenses, according to a recent forum hosted by the World Health Organisation and the government on the cost of medicine. A US study tracked the finances of 9.5 million people older than 50 at two and four years after diagnosis. A staggering 42.4% had depleted their life’s assets by year two. By year four, financial insolvency reached 38.2%. It’s not just medicine, it’s the lifestyle costs of cancer as well. Which is why it’s imperative employers start asking if their employees are protected against the obvious – and less obvious...




today in print