Cancer patients turning to crowdfunding to help pay medical costs, reports a new JAMA Internal Medicine study, which finds the financial costs are so high that many are resorting to crowdfunding to help pay their medical bills and related costs. The median fundraising goal was $10,000. : Health


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Cancer patients turning to crowdfunding to help pay medical costs

Cancer takes a huge emotional toll on patients, but a new study finds the financial costs are also so high that many are resorting to crowdfunding to help pay their medical bills and related costs.

The median fundraising goal was $10,000 while the median donation level was $2,125.

Journal Reference:

Cohen AJ, Brody H, Patino G, et al.

Use of an Online Crowdfunding Platform for Unmet Financial Obligations in Cancer Care.

JAMA Intern Med. Published online September 09, 2019.

Link: https://jamanetwork.com/journals/jamainternalmedicine/fullarticle/2749759?guestAccessKey=ffd17e11-2750-452c-96b0-bb97d137efb0&utm_source=For_The_Media&utm_medium=referral&utm_campaign=ftm_links&utm_content=tfl&utm_term=090919

doi:10.1001/jamainternmed.2019.3330

Technologic innovations, expensive new therapies, and improved access to treatment have all contributed to the rising costs of oncologic care in the United States.1 The financial consequences for patients and their families are substantial. Patients with cancer often borrow money, avoid leisure activities, decrease food spending, sell possessions, go into debt, and/or declare bankruptcy,2 and they are at greater risk for disability or unemployment.3 These consequences are particularly great for patients who are underinsured or uninsured. Recently, online crowdfunding platforms are being increasingly used to supplement insurance and defray expenses, even for experimental and unproven treatments.4 We sought to characterize the use of crowdfunding to support oncology care needs, including any association between insurance status and other characteristics.



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