Almost half of new US cancer patients lose their entire life savings

Business Insider

23 October 2018 - According to a new study published in the American Journal of Medicine, 42% of new cancer patients lose their entire life savings in two years because of treatment.

According to a new study published in the American Journal of Medicine, 42% of new cancer patients lose all of their life savings in two years because of treatment. The average amount a cancer patient lost was $92,098.

After tracking 9.5 million cancer patients from 2000 to 2012, researchers also learned that 62% of all cancer patients are in debt because of their treatment, and 55% of them owe at least $10,000.

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Michael Wonder

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Michael Wonder

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Cancer , Medicine , US , Affordability , Costs