Cost of Cancer Care: How High Is Your Financial Toxicity Risk?

The terms financial toxicity and financial distress describe how the cost of cancer treatment can cause financial problems for a patient. Out-of-pocket costs are a leading example, which is what you pay to receive medical care. These out-of-pocket costs include:

• Copayments. The amount of money you pay for every healthcare service, such as a doctor’s appointment or medical prescription.
• Deductibles. The amount you spend on medical care and services before your insurance plan starts to pay.
• Coinsurance. Percentage of costs you pay for cancer care that your health insurance covers after you have settled your deductible. For example, you pay 30 percent …read more