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Spikes in Cost Increase the Burden of Affording Cancer Care
... vulnerable to spikes in their health care costs because many expensive diagnostic tests and treatments are scheduled within a short period of time, so cancer patients spend their deductible and out-of-pocket maximum quickly. These costs can be difficult to manage over the course of a year, and most monthly budgets simply can’t afford these large bills. Over the two years that Carla is in treatment for stage III breast cancer, she experiences a spike in cost of over $8,000 in the first two months of each year. While she may be able to afford to spend this much on her care spread over the whole ...
Overall Cancer Costs are Rising
The Problem The U.S. spent approximately $183 billion on cancer-related health care in 2015. This represents a signification portion of the total health care spending in the U.S. And it is expected to keep growing. By 2030 cancer-related health care spending is expected to reach ... These high costs are paid by many people – individual cancer patients and their families, employers, insurance companies and taxpayers. ACS CAN Fights for Solutions ACS CAN wants to ensure that all individuals can afford the right health care services at the right time, no matter where ... policymakers must focus on ensuring affordable access to insurance coverage and health care services, and reducing the overall financial impact of cancer for patients and families. Policymakers can also limit costs of cancer by pursuing policies that promote cancer prevention and early ...
High Deductible Health Plans Cause Extreme Spikes in Cost
The Problem Most patients experience spikes in their health care costs around the time of a cancer diagnosis as they pay their deductible and out-of-pocket maximum. For patients on high deductible plans, this spike can mean bills due for several thousands of dollars within one month. High deductibles often cause individuals to delay or forego care due to cost, which means it may take longer to get a cancer diagnosis and begin life-saving care. And the number of people enrolling in high deductible ...