Why Seniors Like Having a Cancer Plan Alongside Their Medicare Advantage Plan
- Utah Avenue Insurance
- 4 hours ago
- 2 min read
If you’re on Medicare Advantage, you likely know the benefits—prescription coverage, dental, vision, and sometimes even gym memberships. But what many don’t realize until it’s too late is that Medicare Advantage plans often come with a major hidden cost—especially when it comes to cancer treatments.
The 20% Surprise
Most Medicare Advantage plans include a 20% coinsurance for chemotherapy and other costly outpatient treatments. That means if a treatment costs $10,000, you’re responsible for $2,000 out of pocket. And while Advantage plans have an annual maximum out-of-pocket limit, that limit is typically between $5,000 and $8,000 per year—and resets every January. This means that you could have a cost of $10,000 to $16,000 if your chemotherapy lasts for more that one calendar year.
For seniors facing a cancer diagnosis, these costs can add up quickly. Many find themselves dipping into savings or relying on family to help cover the bills. But it doesn’t have to be that way.
A Simple Safety Net
At Utah Avenue Insurance, many of our senior clients choose to add a cancer insurance plan alongside their Medicare Advantage plan. Why? Because it gives them peace of mind and cash to use how they need it most.
Our CriticalGuard cancer plan pays a lump sum directly to you upon diagnosis—tax-free. You choose the benefit amount, and the money can be used for:
Covering that 20% coinsurance from chemotherapy
Travel expenses to and from treatment centers
Extra help at home during recovery
Bills and everyday expenses when energy is low
Real Comfort, Real Control
Instead of worrying about how to cover unexpected costs during one of life’s most challenging times, seniors with a cancer plan feel secure knowing they have a financial cushion in place.
Whether your Medicare Advantage plan has a $5,000 or $8,000 out-of-pocket max, a cancer plan can bridge the gap—and protect your retirement savings in the process.
A Plan That Works With Medicare, Not Against It
Cancer plans are not a replacement for health insurance—they’re a powerful supplement that adds financial support exactly where Medicare Advantage leaves off.
Let one of our local agents at Utah Avenue Insurance show you how easy and affordable it is to add this extra layer of protection.
Better coverage starts here.
Want to make sure you’re not surprised by the cost of cancer care? Call or message us today. We’re here to help.
