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UrduA diagnosis of cancer can take a toll on more than a person’s health. Researchers at Beth Israel Deaconess Medical Center and Harvard Medical School in Boston found that financial fallout can follow patients with cancer and their families in the form of bankruptcy, lower credit scores, and other forms of financial challenges years after a cancer diagnosis.
Tag: Financial Hardship
One-Third of Cancer-Related Crowdfunding Campaigns Share Medical Financial Hardship and Health-Related Social Needs, New Research Shows
In a new, large comprehensive analysis led by the American Cancer Society (ACS), researchers, using a form of Artificial Intelligence (AI), found that more than one-third of fundraising stories on the GoFundMe crowdfunding platform in the United States explicitly shared experiences of medical financial hardships and health-related social needs
COVID-19-induced financial hardships reveal mental health struggles
Economic researchers at the University of South Australia have examined the mental health effects on people who experienced financial setbacks during the height of the COVID-19 pandemic.
New Study Uncovers Lasting Financial Hardship Associated with Cancer Diagnosis for Working-Age Adults in the U.S.
A new study led by researchers at the American Cancer Society (ACS) highlights the lasting financial impact of a cancer diagnosis for many working-age adults and their families in the United States. It shows a cancer diagnosis and the time required for its treatment can result in employment disruptions, loss of household income and loss of employment-based health insurance coverage, leading to financial hardship.
New Study Shows Patients Paying More Out-of-Pocket Costs for Cancer Care
A new, large study led by researchers at the American Cancer Society and The University of Texas MD Anderson Cancer Center shows rising costs of cancer treatments led to increases in total costs of care, and when compounded with greater cost sharing, increased out-of-pocket costs for privately insured, patients under 65 years old.
Changes Needed to Address Financial Hardship from Cancer
Until you or a loved one are facing treatment for a cancer diagnosis, you may not realize the cost associated with treatment and doctor visits.