Better Cancer Care
Cancer Care is always a hard and horrible journey for everyone. Patients, their family and friends, as well as for those who provide the care in our public and private health sectors.
It’s great news that our government is looking to provide a National Cancer Agency (with $10M to establish the agency and a further $10M to get work underway)… But is that enough?
Experts are warning that funding shortfalls and a lack of independence could prevent the new cancer agency from lifting off – stalling the fight to save hundreds of lives each year.
Pre-election, Labour promised $10 million to establish a National Cancer Agency, and a further $10m to get work under way. And nearly two years later, Prime Minister Jacinda Ardern and Health Minister David Clark announced plans to set up the national agency by December 1st.
-NZ Herald 12th November 2019
A dedicated agency specialising in cancer care is the right step to help many New Zealanders who suffer from cancer. Most of us know someone who has battled cancer and has won or lost or is undergoing treatment right now.
Apart from this type of specialist agency, and the public health system in general, what options do we have for cancer treatment and care?
Health Funding Shortfalls
As with most things in life these days, unfortunately to get the best cancer treatment and care, it’s going to come down to money.
Your treatment will be either taxpayer-funded, privately funded, or insurer funded. And at some stage, it will come down how much money is available to pay the bills.
Of course the best time to prepare for any financial shortfall is before the problem occurs, not after. So it would be wise to consider the impact of your needing such specialist treatment and care now.
Trauma & Cancer Covers are an affordable insurance solution where you can get paid a lump sum payment if you were ever to suffer from a serious illness such as cancer.
The insurer will pay your insured amount to help with medical care and treatment costs, but you can also use that money for whatever you want. You could use it to get the latest in cancer drugs that may not be subsidised by PHARMAC, or get some private home care, or maybe replace that lost household income if you had to stop work.
Most insurers have some form of cancer cover, but they are definitely not all created equal!
It’s the fine print and policy definitions that can make the difference on whether you get paid at claim time, and if so, how much.
To find out what gaps there are in your financial planning, or to see if your current policy is right for you, please contact call your Innovest Adviser today, on 0508 INNOVEST (0508 466 683), or at email@example.com