Cancer is expensive, and for nobody is it more so than survivors and their families. The best cancer care in the world often comes at a crippling cost, even for those with insurance.
A new study sheds light on the financial burden that comes with cancer treatment. Nearly a third of the United States' 14 million cancer survivors face financial issues, such as deep debt, bankruptcy, or other financial sacrifices. Even 29 percent of those with insurance faced a major financial issue.
"Financial burden results from the high cost of cancer care," Norman V. Carroll, one of the study's senior authors and a professor at Virginia Commonwealth University, told Reuters. "This is especially true for the newer, biologically-derived specialty drugs," which can require patient copays of several hundred dollars per month," Carroll said.
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