Breast Cancer One Of The Most Expensive Diseases To Treat
Rogersville Review, The (TN)
October is Breast Cancer Awareness Month, but what many people aren't aware of is the financial cost of a diagnosis.
Catey Hill, editor at personal finance website Moneyish said breast cancer is one of the most expensive out of pocket diseases to treat.
"About 15 percent of people end up paying $10,000 or more out of pocket-and these are people with insurance."
The findings were released in September by the Pink Fund, an organization which provides financial assistance to breast cancer patients. The fund polled over 1,000 breast cancer patients and survivors.
Actor Julia Louis Dreyfus shed light on the crippling cost of cancer, and advocated for universal health care when she announced her breast cancer diagnosis last month.
"We tend to talk more about health and the emotional aspects of cancer, which are very important, but the financial toll is up there, and creates a lot of stress for people," Hill said. "People go into debt, people declare bankruptcy over medical status-these are really serious issues. "
Stay up to date, set your car radio to Delaware 105.9FM
United Benefit Advisors Welcomes Sage Benefit Advisors As Its Newest Partner Firm
What is the National Flood Insurance Program, and why is it billions in debt?
Advisor News
- The modern advisor: Merging income, insurance, and investments
- Financial shocks, caregiving gaps and inflation pressures persist
- Americans unprepared for increased longevity
- More investors will seek comprehensive financial planning
- Midlife planning for women: why it matters and how advisors should adapt
More Advisor NewsAnnuity News
- LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
- AIG to sell remaining shares in Corebridge Financial
- Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
- AM Best Assigns Credit Ratings to Calix Re Limited
- Transamerica introduces new RILA with optional income features
More Annuity NewsHealth/Employee Benefits News
- SENATE APPROVES BILL TO LIMIT PREMIUM INCREASES, PROTECT ACCESS TO HEALTHCARE
- All about AHCCCS: Navigating Arizona Medicaid’s changing landscape
- GOVERNOR SIGNS BIOMARKER TESTING COVERAGE BILL
- REGULATION OF AI IN PRIOR AUTHORIZATION AND CLAIMS REVIEW: A LOOK AT FEDERAL AND STATE CONSUMER PROTECTIONS
- LEADING HEALTH ORGANIZATIONS URGE NC LAWMAKERS TO RECONSIDER PROPOSAL IMPLEMENTING MEDICAID CUTS
More Health/Employee Benefits NewsLife Insurance News
- 2025 Insurance Abstracts
- AM Best Assigns Credit Ratings to Tokio Marine Newa Insurance Co., Ltd.
- Earnings roundup: Prudential works to save ‘unique’ Japanese market
- How life insurance became a living-benefits strategy
- Financial Focus : Keep your beneficiary choices up to date
More Life Insurance News