Wednesday, October 29, 2014

Cancer Treatment: Balancing Quality Care with Costs

Viatical Settlements are a way to get financial help for cancer patients
We live in a time where we can access top-notch healthcare, with the best treatments, that help us overcome the challenges of what ails us. However, with that care comes a high cost which makes it very difficult for most to afford the care we deserve and desperately need. This type of situation is all too familiar to cancer patients and many are running out of options to fund these growing costs. When cancer patients have access to quality care that can extend their survival and lessen their pain, who wouldn’t take that option? The unfortunate answer is simple: Those who cannot afford such care. However, there are options and helpfor cancer patients to be able to afford such great care.

According to a recent report published by the American Association of Cancer Research, Americans have an increased chance of survival as well as better quality of life after a cancer diagnosis than ever before due to advancing medical science. While this bears good news, if people are living longer with a life-threatening illness, they will likely need as much financial assistance as possible to cover their expenses. In order to manage these expenses, cancer patients can opt for viatical settlements to live life more comfortably.

No longer would you have to put your quality of life at risk or place financial burdens on your family members to cover the costs of care. A viatical settlement can be your option that keeps a roof over your head and gives you peace-of-mind at the same time. While your current health insurance may only cover nominal portions of your expensive cancer treatments, you are left to foot the rest of the bill. This can cause major stress and frustration. Choosing to take advantage of a viatical settlement can take care of those extra costs. Those funds can even be used to cover things like your mortgage, utility bills and other daily living expenses.

A viatical settlement serves the purpose of turning an existing life insurance policy into cash you can use now. To qualify, a person must have a life-limiting illness diagnosis like cancer and an existing life insurance policy. The policy can turn into cash now, as the seller receives a lump sum payment which is a percentage of the face value of the policy. In order for you to get the financial assistance you need, look into viatical settlements because you deserve the best care, no matter the cost!


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