We all know someone whose life is touched by cancer. While modern medical treatments are more effective than ever, the financial toll of a cancer diagnosis remains one of the biggest stressors for families in Central Indiana.
According to the American Cancer Society, about 1 in 3 Americans will be diagnosed with cancer during their lifetime. With more than 2 million new cases projected in 2026 alone, the reality is that cancer is not just a health crisis-it’s a financial one.
At KSS Insurance, we want to ensure you have the “safety net” needed to focus 100% on recovery, not your bank account.
Doesn’t My Health Insurance Already Cover Cancer?
This is the most common question we hear. While your primary health insurance or Medicare covers doctor visits, surgeries, and chemotherapy, it often leaves you responsible for the “hidden costs” that can quickly drain a savings account. Even with “good” insurance, out-of-pocket costs during the first six months of treatment can exceed $5,000, according to recent health studies.
The “Hidden Costs” of Treatment
Traditional insurance pays the doctors and the hospitals. A lump-sum cancer policy pays you. This cash is vital for covering:
- High-Cost Specialty Drugs: Many life-saving medications under Medicare Part D or private plans have high cost-sharing or “donut hole” expenses that can reach thousands of dollars per month.
- Travel and Lodging: If you seek specialized care at a facility like the IU Simon Comprehensive Cancer Center, the costs of fuel, parking, and hotels for family members add up fast.
- Loss of Household Income: If you or your spouse needs to take off time for treatment or caregiving, your monthly bills don’t stop.
- Prior Authorization Delays: Dealing with insurance “red tape” is exhausting. Having cash on hand allows you to make medical decisions based on health, not just what a provider approves upfront.
How a Lump-Sum Cancer Policy Works
Unlike traditional health insurance, this is a supplemental policy. If you receive a diagnosis, the policy pays a fixed cash benefit (for example, $10,000, $20,000, or more) directly to you. There are no restrictions on how you use the money. You can use it for your medical deductible, to pay your mortgage, or even for a recuperative trip once treatment is over.
A Mission of Advocacy and Action
Our founder, Steve Boone, is the president of the board of The Beth Boone Buech Foundation, which was established in honor of his sister, Beth. The foundation is dedicated to supporting cancer research and patient care and to raising funds, frequently partnering with the American Cancer Society and the IU Simon Comprehensive Cancer Center.
Adding to that mission is our agent, Karl Downey, who is a cancer survivor himself. Karl joined KSS with a passion for this specific coverage because he understands firsthand the “wake-up call” that comes with a diagnosis. He realized how many costs aren’t covered by a standard plan and the stress of navigating the insurance system while trying to heal.
Between the work of the Beth Boone Buech Foundation and Karl’s personal experience, we don’t just sell policies—we advocate for your future. We know that a diagnosis is life-changing, and we believe that having a financial “safety net” allows you to focus 100% on what matters most: your recovery and your family.
Schedule your “Simply Secure” review today. Call Steve Boone at 317-225-4644 or Karl Downey at 317-954-5853. Let’s work together to make your 2026 simply a healthy one!