Insuring to fight cancer

Cancer is one of the most dreaded disease, because if it is detected at a late stage, the cancer patient has no chances of survival.

Sep 03, 2017 08:09 IST India Infoline News Service

Cancer is one of the most dreaded disease, because if it is detected at a late stage, the cancer patient has no chances of survival. The grim situation remains even today, as there is no effective treatment for cancer detected at a late stage.
 
However, if the cancer is detected at an early stage and if the patient is treated at this early stage, the chances of survival are high. Now, the moot point is: what is the cost of treatment of cancer if detected at an early stage. Of course, the cost of treatment depends not only on the hospital, but on the city and the location within the city.  In metros such as Mumbai, Bangalore and Chennai, the cost is on the higher side, whereas in other cities such as Ahmedabad and Kolkata, the cost of treatment is on the lower side.
 
Looking at the cost of treatment therapy-wise, the cost of chemotherapy ranges from Rs 30,000 to Rs 1 lakh, radiation costs around Rs 1.50 lakh per cycle, mastectomy costs around Rs 4-5 lakh, breast and head & neck surgery Rs 2 lakh each, etc. From the above, it is obvious that the cost of cancer treatment is quite high.
 
Now, the good news is that there are many insurance companies providing insurance cover for treatment of cancer. Depending on the age of the patient and the amount of cover sought, cancer insurance premium can vary between Rs 2,000 to Rs 10,000 per year. Some of the insurance companies offering cancer insurance include HDFC Life, Max Life, Future Generali, Aegon Life, etc.

Related Story