Tomlinson said the high cost of treatment associated with caring for persons with critical illnesses has impacted many families negatively, leaving many in debt.
Tomlinson explained that the need for families to invest in a critical illness insurance policy was paramount in light of a World Bank study which stated that in the average Jamaican household, if there is a member of the family diagnosed with a non-communicable disease (NCD), they are likely to spend a third of their disposable income on treating that ailment over time.
Most Jamaican families find these costs prohibitive and therefore critical illness insurance policies are important,” he stated.
Tomlinson noted that while more persons were purchasing critical illness insurance policies, many persons were still hesitant because they believe it is costly.
I would urge Jamaicans to invest in a critical illness insurance policy that can protect them and their family from financial difficulties should a medical emergency arise,” he said.
