Navigation Links
Cancer Patients May Face Higher Bankruptcy Odds
Date:5/15/2013

By Barbara Bronson Gray
HealthDay Reporter

WEDNESDAY, May 15 (HealthDay News) -- People diagnosed with cancer are almost three times more likely to declare bankruptcy than are those without the disease, a large new study suggests.

And younger people with cancer have up to five times higher bankruptcy rates compared to older patients with the disease, the researchers found.

Of almost 200,000 people with cancer in the study based in Washington state, about 2 percent filed for bankruptcy protection after being diagnosed. Of those who were not diagnosed with cancer, 1 percent filed.

Although the risk of bankruptcy for those with cancer is still relatively low, researchers said it is significant.

"Bankruptcy is such an extreme measure of financial distress, and we didn't include the other forms of financial difficulties people encounter," said Catherine Fedorenko, a study co-author and technical project coordinator at the Fred Hutchinson Cancer Research Center, in Seattle.

Whether people suffer substantial debt or have to go so far as to declare bankruptcy, their financial problems are likely to be stressful, said Karma Kreizenbeck, a study co-author and project director at the Hutchinson Institute for Cancer Outcomes Research.

"This paper shows how medical debt associated with a cancer diagnosis could be more likely to lead to a bankruptcy," Kreizenbeck said. "But it could also mean people have to take second jobs, end up with lower credit scores or have to make other decisions."

Celeste Smith, 63, was diagnosed five years ago with breast cancer. A Seattle realtor who was just starting to do well in a new job, she found she had to stop working when she was faced with months of radiation and chemotherapy. Despite the fact that she had health insurance, her mortgage and car payment bills began to mount. "It's a horrible circle trying to get over cancer and deal with all the financia
'/>"/>

Copyright©2012 ScoutNews,LLC.
All rights reserved  

Page: 1 2 3 4

Related medicine news :

1. Some Types of Skin Cancer Linked to Lower Chances of Alzheimers
2. Skin Cancer Awareness Month: An Unlikely Patient
3. FDA Approves New Drug to Fight Advanced Prostate Cancer
4. Kansas City Dermatologists at The Skin & Vein Center Start Monthlong Website Series on Skin Cancer
5. Voices Against Brain Cancer Applauds Mother For Starting Riah’s Rainbow Organization
6. Breast Cancer Experts Available to Weigh in on Angelina Jolie Double Mastectomy
7. IU School of Medicine Breast Cancer Experts Available for Comment on Angelina Jolie Decision
8. Metformin Wont Aid Breast Cancer Survival in Diabetics
9. Diabetes Drug Actos Caused Bladder Cancer and Wrongful Death of Ohio Man, Alleges Lawsuit Filed by Parker Waichman LLP
10. Primary care physicians vital to complete care of prostate cancer patients
11. Cognitive training improves executive function in breast cancer survivors
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Cancer Patients May Face Higher Bankruptcy Odds
(Date:7/12/2014)... HealthDay Reporter SATURDAY, July 12, 2014 (HealthDay ... technique used to grind up uterine growths and remove them ... to other parts of a woman,s body, U.S. health advisers ... Drug Administration also said that women who do undergo the ... written consent stating that they understand the potential risks, the ...
(Date:7/12/2014)... 2014 Demand Response Management Systems is ... in reducing the imbalance between energy supply and demand. ... been rolled out (due to increasing pressure on the ... helps in controlling residential appliances and thermostats for load ... North American region, and with government mandates and benefits ...
(Date:7/12/2014)... July 12, 2014 Tylenol lawsuits ... to move forward in the federal multidistrict litigation ... Pennsylvania, Bernstein Liebhard LLP reports. According to a ... Lawrence F. Stengel has ordered the deposition of ... Stengel found that the witness’s testimony concerning the ...
(Date:7/12/2014)... (HealthDay News) -- Burn injuries increase in the summer as ... burn experts. Among those most vulnerable to these seasonal fire ... and often get burned by putting their hands on the ... the burn unit at Loyola University Medical Center in Maywood, ... adage of ,When you play with fire, you get burned, ...
(Date:7/12/2014)... 12, 2014 “After my mom’s stroke, she loss ... stroke and loss the use of his left side. Eating became ... way to help people like them enjoy eating again,” said an ... for the PATRICIA CAROL HALL PLATE (P C H PLATE). , ... more ergonomic way to eat for individuals who suffer from stroke, ...
Breaking Medicine News(10 mins):Health News:FDA Advisers Weigh Risks of Procedure for Removal of Uterine Fibroids 2Health News:FDA Advisers Weigh Risks of Procedure for Removal of Uterine Fibroids 3Health News:North America Demand Response Management System Worth $12,522.4 Million by 2019 - New Report by MicroMarket Monitor 2Health News:North America Demand Response Management System Worth $12,522.4 Million by 2019 - New Report by MicroMarket Monitor 3Health News:North America Demand Response Management System Worth $12,522.4 Million by 2019 - New Report by MicroMarket Monitor 4Health News:Tylenol Lawsuit News: U.S. District Judge Overseeing Federal Tylenol Liver Damage Litigation Orders Deposition of Former McNeil President, Bernstein Liebhard LLP Reports 2Health News:Tylenol Lawsuit News: U.S. District Judge Overseeing Federal Tylenol Liver Damage Litigation Orders Deposition of Former McNeil President, Bernstein Liebhard LLP Reports 3Health News:Tylenol Lawsuit News: U.S. District Judge Overseeing Federal Tylenol Liver Damage Litigation Orders Deposition of Former McNeil President, Bernstein Liebhard LLP Reports 4Health News:Burn Injuries More Common in Summer 2
... for Radiation Oncology (ASTRO) applauds President Obama,s selection of ... the Centers for Medicare and Medicaid Services. ASTRO looks ... and Congress to implement critical healthcare reforms for patients ... providers to improve the quality of care patients receive. ...
... a key type of immune cell are higher in head and ... or HPV, according to researchers at the University of Michigan Comprehensive ... which tumors are most likely to respond to chemotherapy and radiation ... "In the past, we would give toxic chemotherapy to a ...
... ... account of his interest and research on improving ones state of life. This book helps ... as it strives to touch all walks of life. , ... Washington, D.C. (Vocus) April 26, 2010 -- Thomas Finn ...
... three of their cytoskeletonsactin, microtubules, and intermediate filamentsto metastasize, according ... Journal of Cell Biology ( www.jcb.org ). ... it can force through the basement membrane, which cordons off ... with enzymes that build up within extensions called invadopodia. How ...
... Victims of domestic violence endure significantly higher health costs ... a new study finds. Abuse victims had health care ... the first two years after the abuse ended and about ... continue to experience physical and emotional consequences even years after ...
... side effects, including reduced strength after shots, study finds ... which smoothes facial wrinkles through injections of the drug ... elbow," a new study finds. , But the researchers ... a potentially nettlesome side effect, according to the report ...
Cached Medicine News:Health News:Immune cells predict success of head and neck cancer treatment, U-M study finds 2Health News:Life Coach and Author Thomas Finn's Highly Anticipated Book, 'A Better Tomorrow- Affirmations and Visualizations the Keys to Success,' Debuts June 15 2Health News:Domestic violence victims have higher health costs for years after abuse ends 2Health News:Domestic violence victims have higher health costs for years after abuse ends 3Health News:Botox Injections May Relieve Tennis Elbow Pain 2
(Date:7/11/2014)... HOUSTON , July 11, 2014  Kindred ... proud to announce the opening of its new ... provides outpatient services to people with chronic, hard ... wounds which can lead to amputation, lower leg ... which have delayed closure, and traumatic injury wounds ...
(Date:7/11/2014)... LONDON , July 11, 2014 ... ended at 4,396.20, down 0.52%, the Dow Jones Industrial Average ... 500 closed at 1,964.68, down 0.41%. The losses were broad ... in negative. The S&P 500 Health Care Sector Index ended ... advanced 2.75% in the last one month. Investor-Edge has initiated ...
(Date:7/11/2014)... July 11, 2014 Research and Markets ... the "Immunoprotein Diagnostic Testing Market - Forecasts ... CAGR of 6% and is expected to be ... their offering. http://photos.prnewswire.com/prnh/20130307/600769 ... testing has been segmented according to immunoprotein types ...
Breaking Medicine Technology:Kindred Hospital Houston Northwest, With Wound Care Specialists, Opens Outpatient Wound Healing And Hyperbaric Center 2Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 2Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 3Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 4Immunoprotein Diagnostic Testing Market - Forecasts to 2019: Expected to grow at the highest CAGR of 6% and is expected to be valued at USD 4,943.0 million 2
... , SAN DIEGO, Nov. 19 Accumetrics, ... method for measuring platelet reactivity, announces that its market-leading ... in the POPular study, which was presented during a ... Association,s annual Scientific Sessions. The VerifyNow P2Y12 Test is ...
... 19 Perrigo Company (Nasdaq: PRGO ; TASE) today ... present at the Sidoti Emerging Growth Conference on Friday, November ... in New York City. , Perrigo Company is ... OTC and prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients (API) ...
Cached Medicine Technology:VerifyNow(R) System Highlighted in POPular Study Comparing Platelet Reactivity Tests 2
... new and improved OrthoWedge® Healing Shoe offers ... on the forefoot while allowing patients to ... designed shorter wedge, an even larger portion ... ulcerations under the metatarsal heads and toes ...
The Low Profile boot provides a durable canvas upper, with an open toe and heel. Padded EVA insole protection. The lower outsole compensates for casting thickness. Available in six unisex sizes....
... Myeloperoxidase IgG ELISA test system is intended ... IgG-class antibody to myeloperoxidase in human serum. ... used as an aid in the diagnosis ... elevated levels of anti-neutrophil cytoplasmic antibodies (ANCA). ...
... The Epi-K is a fully automated ... surgeons to,perform a new refractive procedure ... to,mechanically cleave the epithelium from the,Bowmans ... laser ablation.,Epi-Lasik preserves the structural integrity,of ...
Medicine Products: