BMO Insurance Study: More than Two-thirds of Canadian Women are Concerned about the Financial Costs of Cancer

TORONTO, ONTARIO–(Marketwired – Oct. 29, 2013) – As Breast Cancer Awareness month draws to a close, BMO Insurance has released a study which found that more than two-thirds of Canadian women (67 per cent) are concerned about the potential financial implications of being diagnosed with cancer. The study also revealed that 68 per cent of women have been personally impacted by cancer (either having been

Employment Insurance Sickness Benefits need to be extended for those undergoing cancer treatment

Most Canadians believe that when Employment Insurance (EI) deductions are taken from their paycheques, these benefits will be available when they need them. However, EI sickness benefits, which are accessed in the event of illness, only last for 15 weeks. For those cancer patients who need chemotherapy, radiation and surgery, or some combination of the three, 15 weeks is usually not long enough for them