The cost implications of contracting a Critical Illness are far-reaching – beyond just medical bills which, on average, only account for about one-third of the expenses you are likely to incur. While your medical aid may cover most of your medical expenses, there are hidden costs associated with the illness that you may not have considered:
Treatment and therapy
Professional counselling can prove vital in helping to deal with complex emotions but it can be expensive. In addition, you may need costly treatments, alternative medicines or rehabilitation therapy... even reconstructive surgery or prosthetics.
Hired help
You may have to hire a full-time nurse to help with your care, or a nanny to help with your children if your illness leaves you bed-ridden or in a wheelchair.
Living adjustments
Your illness may require you to make modifications to your home or car – like installing wheelchair ramps or a special elevator.
Less disposable income
Depending on the nature if the illness, you could be forced to give up your job – leaving you without a salary. If you are the sole breadwinner or self-employed this could have a devastating effect on your family’s future.