| Cancer Insurance has become a very popular group benefit. In the United States 1 out of every 3 woman and 1 in every 4 men will at some time of their lives be stricken with cancer. Cancer insurance not only helps with the payment of treatment for cancer, but also pays for annual screenings.
Cancer insurance is a supplemental benefit and is designed to be pretaxed through an employer's cafeteria plan. After the premiums have been paid for on a pre-tax basis and the participants have received their wellness benefits, cancer insurance costs the average employee very little. Further, the employer is not required to pay any part of the employees premium and it even reduces the employers FICA tax matching.
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