How Much Money Goes To The American Cancer Society

The Costs of Cancer

Cost of Cancer Cover Image Download Report - Costs of Cancer

Cancer is one of the leading causes of death and disease in the U.Due south. The American Cancer Club (ACS) estimates that roughly ane.7 1000000 new cases of cancer will be diagnosed in the U.South. in 2017[i] and more than 15 million Americans living today accept a cancer history.[two] Not but does cancer take an enormous toll on the health of patients and survivors – it as well has a tremendous financial bear on.

For patients and their families, the costs associated with direct cancer care are staggering. In 2014 cancer patients paid virtually $4 billion out-of-pocket for cancer treatments.[iii] Cancer also represents a meaning proportion of full U.S. health care spending. Roughly $87.viii billion was spent in 2014 in the U.Southward. on cancer-related health intendance.[iv] These costs were paid by employers, insurance companies, and taxpayer-funded public programs similar Medicare and Medicaid, as well every bit by cancer patients and their families.

The American Cancer Society Cancer Activeness Network (ACS CAN), the nonprofit, nonpartisan advancement chapter of the American Cancer Social club, supports evidence-based policy and legislative solutions designed to eliminate cancer every bit a major wellness trouble. This ACS CAN study focuses specifically on the costs of cancer borne past patients in agile handling every bit well as survivors. It examines the factors contributing to the price of cancer care, the type of directly costs patients pay, and the indirect costs associated with cancer. To more fully illustrate what cancer patients really pay for care the written report also presents scenario models for 3 types of cancer - lung, breast, and colorectal; in three types of insurance coverage – employer-sponsored insurance, an private market place programme, and Medicare.

Key Study Findings

Access to quality health insurance is essential to making cancer care affordable for patients and survivors.
A lower premium insurance plan may non actually save cancer patients money. Such plans often take high-cost sharing and cancer patients are high utilizers of intendance.
Even with insurance, cancer patients often face unpredictable or unmanageable costs including loftier co-insurance, high deductibles, having to seek out-of-network intendance, and needing a treatment that is not covered by their plan.
Newly diagnosed cancer patients often experience their highest out-of-pocket costs in the first one to two months following a positive screening or diagnosis until they meet their applicable deductible and out-of-pocket maximums.
In each of the cancer scenarios included in the written report the patient with employer-sponsored insurance paid the least in premiums and cost-sharing and the patient with individual market insurance paid the most.
Limits on out-of-pocket costs significantly lowered patients' expenses in 2 of the iii insurance scenarios. Without these limits, patients' costs would have sky-rocketed.
The profiles illustrate that without insurance coverage, cancer patients would likely face handling costs totaling tens and possibly hundreds of thousands of dollars.
Passing public policies that prevent cancer and its costs to patients and society by reducing tobacco use and exposure to secondhand smoke, promoting healthy eating and active living, and protecting Americans from increased skin cancer risk associated with exposure to UV radiation emitted by indoor tanning devices.
State and federal policymakers can address cancer patients' costs by:
- Ensuring cancer patients, survivors and those at gamble for cancer accept access to health insurance that is adequate, available, affordable and like shooting fish in a barrel to understand.
- Providing all Americans access to no cost prevention and early detection services – preventing cancer and diagnosing it before can reduce patient costs.
- Passing public policies that prevent cancer and its costs to patients and gild by reducing tobacco use and exposure to secondhand fume, promoting healthy eating and agile living, and protecting Americans from increased peel cancer risk associated with exposure to UV radiation emitted past indoor tanning devices.

Download Data Slides (PDF)

[i] American Cancer Society. Cancer Facts & Figures 2017. Atlanta: American Cancer Society, 2017.

[ii] Ibid.

[three] Agency for Health Intendance Research and Quality. Total Expenses and Percent Distribution for Selected Conditions past Source of Payment: United States, 2014. Medical Expenditure Console Survey Household Component Data. Generated interactively. (December xiii, 2016)

[iv] Ibid.

Source: https://www.fightcancer.org/policy-resources/costs-cancer

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