About 25% of cancer survivors face financial hardship, report finds

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About 25% of cancer survivors face financial hardship, report finds
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About 25% of cancer survivors in the United States say they have had problems paying medical bills and about one-third say they have worried about medical costs, according to a new CDC report.

Cancer can take a toll not only on the body but also a patient's bank account -- and just how much of a toll has been revealed in a new report.

About one-fourth of cancer survivors in the United States say they have had problems paying medical bills and about one-third say they have worried about medical costs, according to the report published in the US Centers for Disease Control and Prevention's Morbidity and Mortality Weekly Report on Thursday.The report found that cancer survivors have significantly higher annual out-of-pocket spending on average compared with people who have never had cancer.'The economic burden ...

Cancer: The facts 01:00For the report, researchers at the CDC, American Cancer Society and the National Cancer Institute analyzed data on the annual out-of-pocket expenditures and financial hardships faced by cancer survivors ages 18 to 64 in the United States between 2011 and 2016.That data, which came from self-reported information from questionnaires, came from the Medical Expenditure Panel Survey.

Efforts to address the financial burden that cancer patients experience"are urgently needed," said Dr. Ryan Nipp, a gastrointestinal oncologist and health services researcher at Massachusetts General Hospital in Boston, who was not involved in the report but has conducted his own research on cancer care costs.

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