As reported by Lisa Jarvis for Bloomberg Health Law and Business, a 2020 survey performed by the non-profit Colorectal Cancer Alliance has revealed a substantial concern amongst early-onset cancer patients regarding financial stress and future monetary issues. The conversation has generally revolved around the physical and mental health implications of a cancer diagnosis. Yet, with this recent data, it’s clear that the discourse needs to be expanded to consider the financial implication for these patients.
The report suggested that more than half of the respondents stated that they “often” or “always” felt financial stress. Furthermore, a significant 66% of respondents feared that their illness would contribute to monetary troubles.
This data suggests a potential gap in the support systems available for such patients. While emotional counseling, physical therapy, and access to medical services are commonly provided facets of support, there may be a lag in addressing the financial strain that these patients are facing.
Financial management support, education about available resources, or potential financial assistance programs might need to be integrated into the support provided to young cancer patients to alleviate these stressors.
The survey opens up a conversation that legal professionals working within the healthcare industry and its related fields should heed. Understanding these concerns and integrating solutions within medical policy frameworks could perhaps provide much-needed support to patients navigating through the battle against cancer.