900,000 men will be diagnosed with cancer in 2020 – most common cancers in men shared.*
Nearly 900,000 men will be diagnosed with cancer in 2020. The top-10 cancers are shared by the American Association for Critical Illness Insurance.Jesse Slome, director of the American Association of Critical Illness Insurance
Cancer Risk For Men: Top 10 Cancer Risks for Men
- Prostate 191,930 21%
- Lunch & bronchus 116,300 13%
- Colon & rectum 78,300 9%
- Urinary bladder 62,100 7%
- Melanoma of the skin 60,190 7%
- Kidney & renal pelvis 42,500 5%
- Non-Hodgkin Lymphoma 42,380 5%
- Oral cavity & pharynx 38,300 4%
- Leukemia 35,470 4%
- Pancreas 30,400
- All sites 893,660
“Before this year ends, almost one million men will hear the dreaded words, you have cancer,” shares Jesse Slome, director of the organization. “Cancer is no longer a death sentence for most men but it will likely wreak havoc on their short-term and long-term finances. Few understand that’s the real risk they face.”
Prostate cancer will be the most common new cancer diagnosis impacting an estimated 191,000 men according to the American Cancer Society’s 2020 forecast. “The top five cancers that will be diagnosed in men this year include prostate cancer, lung cancer, colon and rectum cancer, urinary bladder cancer and melanoma of the skin,” Slome shared with a group of insurance marketing professionals.
Cancer will be the critical illness most likely to impact younger men, those between the ages of 40 and 70, Slome shared. “That’s why we advocate creating awareness for insurance solutions that offer both cancer insurance as well as more comprehensive critical illness insurance policies,” Slome added. “The comprehensive ci insurance policies generally cover between 12 and 16 common things like heart attack, stroke, coma, blindness and even deafness.”
Slome shared that the Association has just re-launched the organization’s website and an intensive awareness campaign. “There are millions of Americans between the ages of 35 and 55 who need to at least understand they have a risk, the consequences of that risk and that there are affordable options available that can be enormously valuable,” Slome says.
“About two thirds of men diagnosed with cancer in 2020 will still be alive five years from now,” Slome shared based on the organization’s 2020 cancer survival rate report. “The real toll is their finances because even with the best health care insurance, there are costs not covered and equally important the loss of income while undergoing treatment or recovery.”
“The gig economy is a reality for millions of men who are one diagnosis away from losing their income,” Slome notes. “If you need three months for treatments and time to heal, how will you pay your rent, your mortgage, your phone bill,” he questioned the group. “That is why I so strongly believe a cancer insurance policy or a critical illness insurance policy that equals one or two years of rent or mortgage payments is both affordable and so valuable.”
According to the critical illness insurance cost calculator on the Association’s website, a 45-year old male non-smoker can expect to pay $48 a year for $10,000 of cancer insurance. “If your mortgage is $2,000 monthly, for about $100 a year, you’d have the peace of mind that knowing you’d have the cash to cover payments while you get better and back to work,” Slome shared.
Cancer Risk Is Real For Men: Check Out Affordability of Cancer Insurance
Critical illness or cancer insurance polices available today can play a vital role in helping the millions who are financially impacted by a cancer diagnosis. To learn more about cancer insurance and costs for coverage, visit the American Association for Critical Illness Insurance where a critical illness insurance cost calculator will help you quickly get insight into the affordability of coverage.
* American Cancer Society, Jan 2020.