Amy Allen, L.I.C.S.W., M.S.W., Social Worker and Angela Young, L.S.W., Supervisor, Patient Navigator, both from the Mayo Clinic Comprehensive Cancer Center located in Rochester, MN, discussed how a cancer diagnosis is an expensive medical condition to treat, and most patients will need ongoing follow-up care after the completion of treatment, often for years. Unfortunately, it is very common for patients to deal with financial stress along this entire journey. The term financial toxicity is used to describe the treatment-related financial strain experienced by patients with cancer, however we know the financial impact goes beyond active treatment. This series of presentations addresses the many factors that can contribute to financial toxicity, identify strategies to manage debts, tips for reducing financial burden and outline financial resources that can help.
Managing the Cost of Cancer Care: Financial Health Planning
This session described common costs encountered by patients with cancer, outlined financial health strategies and techniques to manage debts, explored options for income and financial assistance and provided a checklist of items that can help you navigate financial issues and stay organized.