2019
DOI: 10.1002/jso.25374
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Financial toxicity in cancer care: Prevalence, causes, consequences, and reduction strategies

Abstract: Financial toxicity is the adverse impact of a cancer diagnosis on a patient’s financial well‐being resulting from direct or indirect costs. Potential consequences of financial toxicity include material loss, psychological distress, and/or maladaptive coping strategies. This review will summarize the prevalence, causes, and consequences of financial toxicity, with an emphasis on strategies to anticipate and reduce its burden. Improvement will require multilevel, coordinated efforts between stakeholders includin… Show more

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Cited by 224 publications
(240 citation statements)
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References 68 publications
(91 reference statements)
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“…The high expense of cancer care creates a financial burden not only to the healthcare system, but also to patients themselves. Between 48% and 73% of patients with cancer experience tremendous financial difficulties over the course of treatment with patients with cancer being at a higher than average risk to file for bankruptcy . In fact, Ramsay et al reported that patients with a cancer diagnosis had an almost 3‐fold higher risk to declare bankruptcy, and patients who declared bankruptcy were more likely to die than patients who did not become bankrupt .…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…The high expense of cancer care creates a financial burden not only to the healthcare system, but also to patients themselves. Between 48% and 73% of patients with cancer experience tremendous financial difficulties over the course of treatment with patients with cancer being at a higher than average risk to file for bankruptcy . In fact, Ramsay et al reported that patients with a cancer diagnosis had an almost 3‐fold higher risk to declare bankruptcy, and patients who declared bankruptcy were more likely to die than patients who did not become bankrupt .…”
Section: Introductionmentioning
confidence: 99%
“…Between 48% and 73% of patients with cancer experience tremendous financial difficulties over the course of treatment with patients with cancer being at a higher than average risk to file for bankruptcy. 2 In fact, Ramsay et al reported that patients with a cancer diagnosis had an almost 3-fold higher risk to declare bankruptcy, and patients who declared bankruptcy were more likely to die than patients who did not become bankrupt. 3 The financial hardship experienced by patients with cancer has been termed "financial toxicity" and can be considered akin to other more traditional treatment-related "toxicities" associated with cancer care.…”
Section: Introductionmentioning
confidence: 99%
“…Even if cancer survivors have no signs of cancer after initial treatment, FT will be further increased due to the impact of cancer on work performance and income and difficulty in returning to work and with family support . Previous studies noted that psychological and social distress caused by cancer are easily undetected by healthcare professionals and may result in more than 22.3 missed workdays per year and reductions in income . Job loss, low income, and public health insurance were the major factors contributing to 34% of cancer survivors being in debt .…”
Section: Discussionmentioning
confidence: 99%
“…A cancer diagnosis and its treatment influence the psychological well-being of the person diagnosed and may also have an effect on the relatives’ well-being 1–5. Moreover, evidence exists that a cancer diagnosis can also lead to occupational and financial hazards 6–8…”
Section: Introductionmentioning
confidence: 99%