Heart Attack and Stroke Insurance
According to the Centers for Disease Control (CDC), 805,000 people have a heart attack in the US every year. 200,000 of these occur in people who have had a heart attack in the past, while 605,000 happen for the first time.
Meanwhile, the CDC’s Division for Heart Disease and Stroke Prevention reports that the annual economic burden of heart attacks is over $320 billion. These figures are enough to show the importance of having heart attack and stroke insurance.
The cost of heart attack and stroke treatment can be incredibly expensive, as the medical bills associated with hospitalization, medications, and rehabilitation can add up. Also, lost productivity and wages due to the inability to work can increase financial stress in affected families. Having heart attack and stroke insurance can be a great way to protect yourself and your family from the financial burden of these illnesses.
Heart attack and stroke insurance can cover medical expenses associated with a heart attack or stroke, such as hospitalization and medication costs. It can also provide coverage for lost wages and rehabilitation costs. In addition, some policies may also provide coverage for long-term care expenses if a person is unable to return to work.
Coverage Amounts for Heart Attack & Stroke Insurance
The amount of coverage available through heart attack and stroke insurance varies depending on the policy. These policies provide a lump sum payment upon diagnosis of either condition.
Plus, you can get additional benefits such as medical and rehabilitation services. The coverage available can range from a few thousand dollars to hundreds of thousands of dollars, depending on the policy’s terms and conditions.
When shopping for heart attack and stroke insurance, compare the cost of policies and the type of coverage offered. Most insurance companies pay the amount directly to you. Some others may pay it to an individual you designate.
You can use the money for the following:
- Copays and coinsurance
- Prescription drugs
- Hospital stays
- Transportation and other medical expenses
- Income replacement
A policy will most likely cover procedures like:
- Heart transplant
- Heart attack
- Coronary artery bypass surgery
In most instances, your policy will also cover non-medical costs. These could range from groceries and mortgages to childcare and rent.
Who Should Get Heart Attack and Stroke Insurance?
Heart attack and stroke insurance is ideal for people at risk of having either condition or a family history of either. It is also a good option for individuals in their 40s and 50s who want to protect themselves financially in the event of a serious medical event.
Even if your medical history does not suggest you are at high risk of either condition, heart attack or stroke insurance can be a wise choice. You never know when a medical emergency might strike. This coverage can help you stay financially afloat in tough times.
Get In Touch to Learn More About Your Insurance Options
If you have any questions about whether or not you need heart attack and stroke insurance, I can help. As a heart attack and stroke insurance agent, I can help you understand your options and find the right coverage for your needs. Contact me today to discuss your insurance options.