How can patients and families prepare for the financial impact of cancer?
Preparation is key to managing the financial impact of cancer. Patients and families should:
1. Consult Financial Advisors: Speak with financial advisors who specialize in healthcare expenses. 2. Review Insurance Policies: Regularly review and understand your insurance policies. 3. Save and Create an Emergency Fund: Having a savings buffer can help manage unexpected expenses. 4. Document Expenses: Keep a detailed record of all medical and non-medical expenses related to cancer care. 5. Plan for Long-term Care: Consider the potential need for long-term care and its associated costs.