Options for Funding Cancer Treatment
The Agency for Healthcare Research and Quality recently found that Americans spend $157 billion annually on cancer treatments. The American Cancer Society states that 13.5 million Americans have some form of cancer. That brings the average cost of treatment to nearly $12,000 annually for each American suffering from cancer. That figure can easily balloon even higher based on a number of factors; including the severity of cancer, how proactively it is treated, the method of treatment, and if your treatment of choice is covered by traditional health insurance.
With medical bills expanding to even greater numbers year after year, it isn’t reasonable to expect an average American to be able to foot the bill. Requiring some form of financial support is almost a foregone conclusion, even with medical insurance coverage. The goal for anyone suffering from cancer should be enough financial mobility to be able to focus entirely on their health and seeking the right treatment. With that in mind, we have put together a list of incredible financial sources for anyone fighting cancer.
Abacus Life Settlements
If you own life insurance, you may be able to utilize your policy now regardless of what kind of policy it is, or if it has any cash value. You may be able to cover all or part of the costs involved in your medical care; including travel, stay, and your actual medical costs.
Money When you Need it
Secure a settlement as quickly as 7 days after initially contacting Abacus. We don’t believe that you should have to wait for the industry standard 45-60 days for life-saving treatment. A Life Settlement allows you to focus on what is most important right now…healing.
If you’d like to learn more about the Life Settlement option you can visit Abacus Settlement at abacuslifesettlements.com or call them directly at 1-800-561-4148.
Why Should I Consider a Life Settlement?
- Abacus can provide an immediate advance for cancer treatment if you qualify.
- Life Settlements are a well-regulated financial option.
- There is no fee or obligation to find out how much your policy is worth.
- Most types of policy types qualify, including term life.
- Your Life Insurance Settlement quote is completely confidential and your information is protected.
- We are a direct buyer, so there are no middlemen or life settlement commissions.
Partnership for Prescription Assistance (PPA)
888-4-PPA-NOW (888-477-2669) | www.pparx.org
The PPA helps connect patients all over the United States with free or greatly reduced medication, it is an excellent resource for those suffering from cancer.
Patient Access Network Foundation
866-316-7263 | www.panfoundation.org
The PAN Foundation is a patient advocacy organization that is dedicated to assisting individuals to get the treatment they need, even if they are underinsured. They are a valuable tool for those that are struggling to continue paying for treatments.
800-677-0718 | www.carecredit.com
CareCredit works with a range of healthcare providers including doctors, dentists, and surgical centers. They even work directly with vision and hearing centers, elective surgery centers, and veterinarians. The CareCredit card can be used to cover co-payments on traditional medical care or the costs associated with elective treatments, including natural cancer care. There are various interest free agreements that can be established with CareCredit based on your credit score.
Patient Advocate Foundation Co-Pay Relief Program
866-512-3861 | www.copays.org
The Patient Advocate Foundations Co-Pay Relief Program is similar to the HealthWell Foundations coverage programs. It is primarily intended to assist cancer patients that have health insurance but are having trouble keeping up with copays and premiums.
Gofundme is a great option, and it is one we encourage almost anyone to pursue. We often find that individuals friends and families are more than happy to donate towards treatments for cancer, they just need to be engaged in the conversation and given an easy way to do it.