Cancer patients who received financial guidance or assistance had higher rates of survival, according to a 2020 study — meaning that easing financial burdens may have an impact on some medical outcomes.
is a term that's used to describe the financial strain of paying for expensive medical care. Financial planners may be the solution.Patients that received financial guidance or financial assistance have a higher survival rate, according to a 2020Particularly common among cancer patients,
Even when they have health insurance, cancer patients still face out-of-pocket costs — like copayments and deductibles — that can add to the emotional stress of fighting cancer, especially if they don't have a financial safety net. The remaining 46 patients were supposed to get the intervention, but the study was stopped early due to the start of the COVID pandemic.The intervention group had better overall survival rates than those in the standard group.
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