Managing the physical, emotional and psychological impact of a serious illness such as cancer, is incredibly stressful and challenging. Adding on the financial stressors associated with paying for treatment while juggling everyday bills and expenses can be overwhelming.
Many Georgians with cancer report having trouble managing the co-pays associated with the extensive costs of therapeutic and diagnostic expenses. They also describe having difficulty maintaining an acceptable quality-of-life because they cannot afford services like in-home health care, home furnishings that accommodate diminished mobility and residence in dedicated care facilities.
There are options for those struggling with financial hardship due to an illness. The following contains a list of Georgia-specific resources and national organizations that offer some financial assistance.
Along with the non-profit organization links below, those seeking financial aid for cancer patients or others with advanced illnesses should also consider options offered through private organizations, like Fifth Season Financial’s Funds for Living and Giving (FLAG) program.
The Funds for Living and Giving program helps you with expenses by giving you access to your life insurance benefit. It works like a loan with your life insurance policy working as collateral. Unlike funds provided by non-profit organizations, you are free to use the money in any way you see fit. The funds can be used for anything from paying for medical bills, paying off your mortgage, buying a business, or taking a vacation with your family. Unlike traditional loans, you do not incur any debt. The loan is paid off from the proceeds of your life insurance policy. To qualify for Fifth Season Financial’s Living and Giving Program, you need to have: a diagnosis of an advanced stage illness like Stage III or IV cancer, ALS, COPD, Alzheimer’s etc…, ownership of a life insurance policy of at least $50 000 issued in the United States and permanent residence in the United States.
A federal/state insurance program which covers specified medical expenses for the low-income aged, blind and disabled whose income and resources are insufficient to meet the cost of necessary medical services.
LIHEAP Assistance for Georgia
Low-income households are eligible for grants through LIHEAP to help cover energy costs such as cooling and heating costs of their residential dwelling. The amount of assistance depends on the number of people in the household, the gross annual income of the household and the energy usage and costs for the household. Typically, households receive $300-$350 towards their energy costs.
Division of Aging Services
The Division of Aging Services in Georgia offers several programs and services for the elderly including: Access Services, Alzheimer’s Programs, Community Care Services Programs, Elderly Legal Assistance Programs, Health Counseling, Assistance and Referral for the Elderly Program (HICARE), In-Home Services, Long-term Care Ombudsman Program and a Senior Community Service Program.
Georgia Cancer State Aid Program
Provides qualifying individuals with assistance in paying for medications and treatments related to cancer.
Rental/Housing Assistance Programs
Helps individuals navigate the subsidized housing assistance process in the Georgia area.
In addition to government programs, there are several private organizations that offer financial relief for those dealing with a cancer diagnosis.
American Cancer Society: Provides several programs to help with the financial burden associated with a cancer diagnosis. For example, their Hope Lodge program can offer families a free place to stay when cancer treatments occur away from home. American Cancer Society also offers a Road to Recovery program which provides cancer patients rides to their treatments.
Cancer Care: Offers financial assistance for co-pays, transportation, home care and childcare. The programs provided and aid available vary depending on state of residence, diagnosis and income level. Cancer Care’s financial assistance does not cover basic living expenses such as rent, mortgages, utility payments or food.
Cancer Financial Assistance Coalition: Is a coalition of 14 organizations that work together to provide cancer patients with financial assistance. Their website lists available help based on the patient’s geographic location, diagnosis and type of assistance needed.
HealthWell Foundation: Provides financial assistance for some out of pocket expenses such as co-pays, deductibles and health insurance premiums for patients with chronic or life-threatening diseases.
Leukemia & Lymphoma Society: Helps patients navigate through their blood cancer. They also provide some financial services such as a co-pay assistance program and a patient aid program (a 100$ stipend) for blood cancer patients in active treatment. Furthermore, they provide a travel assistance program called the Susan Lang Pay-It-Forward Patient Travel Assistance Program for blood cancer patients with significant financial need. The Leukemia and Lymphoma Society also offers more specific financial aid for specific patients, through the Urgent Need Program. This program helps pediatric and young adults with blood cancers or adult blood cancer patients enrolled in clinical trials, who are in need of acute financial help with assistance for non-medical expenses including rent, mortgage, utilities, childcare etc…
Lymphoma Research Foundation: Patient Aid Grant program provides limited financial assistance to lymphoma patients who are uninsured or have inadequate medical insurance. Helps with expenses related to cancer treatments such as medical bills, transportation to and from treatment and childcare costs while in treatment. Candidates must have a demonstrated financial need with limited assets.
National Marrow Donor Programs (Be The Match): Provide financial grants to patients in need of stem cell and marrow transplants. They have two types of grants. Grants available before transplant and grants available after transplant. Prior to transplant, the grants assist with donor search and the post transplant grant assists with extra costs related to the transplant.
Patient Advocate Foundation: Overs several financial resource programs. Their Co-Pay Relief: offers direct financial assistance for prescription co-pays. They work with the pharmaceutical companies to submit applications for reduced medication costs. Their Open Funds Program provides various types of expenses for specific diseases. For example, they have limited available funds for patients diagnosed with Merkel Cell Carcinoma and Metastatic Breast cancer.
Sarcoma Alliance- Hand in Hand: The Suzanne Renee Leider Memorial Assistance Fund offers financial assistance for those seeking medical second opinions.
About Fifth Season Financial: Fifth Season Financial is a licensed consumer lender in Georgia and a member of the Better Business Bureau. Fifth Season Financial provides access to funds for individuals who are facing a serious illness by accessing a frequently overlooked asset, one’s life insurance policy. Fifth Season Financial works with patients who have advanced stage illnesses such as stage III or IV cancers, COPD, ALS, Alzheimer’s Disease and other serious health conditions. There are no restrictions on how the funds are used.
Relieve financial stress with the Funds for Living and Giving Program (FLAG Program) that uses your life insurance for a cash advance
Contact us for help. Relieve financial stress with the Funds for Living and Giving Program, a viatical alternative.
Relieve financial stress with the FLAG Program, a viatical alternative that uses your life insurance for a cash advance