There are several reasons why premiums for cancer insurance or health insurance for individuals with cancer can be higher:
Pre-existing Conditions: Individuals with a history of cancer or ongoing treatment are considered high-risk by insurance companies. Treatment Costs: Cancer treatments can be extremely expensive, leading to higher claims and, consequently, higher premiums. Age: Premiums tend to increase with age, and cancer is more common in older adults. Type of Cancer: Some types of cancer may require more intensive and costly treatments, affecting the cost of premiums.
