Skip to content Skip to footer

Advanced Cancer Can Cause Financial Stress for Cancer Patients

Cancer patients are especially financially vulnerable when compared to the general population.  This stress is detrimental to the patient’s health and can also negatively affect treatment when the patient does not have the financial resources necessary to make every appointment or to pay for selected treatment regimes.  A patient may have very comprehensive insurance coverage but still be unable to cover all of their medical bills, let alone other expenses.

It is not uncommon for patients and their families to find themselves dissolving assets such as savings and investments in order to cover what insurance will not, but this only adds to the overall financial stress.  Other benefits are sometimes available, such as Medicaid or grants, but the use of such benefits is often restricted and limited to patients who meet certain eligibility requirements.   The availability of unrestricted cash for patients would benefit not only the patient, but also the patient’s family and their course of treatment.

“Cancer patients are two and a half times more likely to declare bankruptcy,” according to a study led by the Fred Hutchinson Cancer Research Center in Seattle and published in the June 2013 edition of the journal Health Affairs.

Read the full article here:  “A Cure for the Financial Stress Associated with Advanced Cancer.”

201 Broad Street
Suite 500
Stamford, CT 06901

BBB Accredited Business since 09/05/2006

Legal Notices:
Fifth Season Financial, L.P. (“Fifth Season”) is a licensed consumer lender in certain states. Loans being made or arranged by Fifth Season to California residents are made or arranged pursuant to a California Financing Law license, California lender license #603 E043. Loans being made or arranged by Fifth Season to Texas residents are made or arranged pursuant to a Texas Regulated Lender License, Texas lender license #14000508545-151373. This site is directed at, and made available to, persons in the continental U.S., Alaska and Hawaii only. The Funds for Living Program is not available to residents of all states. Fifth Season’s principal place of business is 201 Broad Street, Suite 500, Stamford, CT 06901, Phone 855.45.FUNDS.

Confidentiality & Privacy Policy | Legal Notices & Terms of Use

Fifth Season Financial, L.P. | 2022. All Rights Reserved.

This website and its content shall not constitute a solicitation or advertisement in any state where Fifth Season Financial LP is not permitted to make a loan to residents of that State