What Role Do Insurance and Out-of-Pocket Costs Play?
Insurance coverage is crucial in managing the costs of cancer treatment. However, even with insurance, patients often face significant out-of-pocket expenses including deductibles, co-payments, and non-covered services. The extent of these out-of-pocket costs can vary widely depending on the type of insurance plan, the specific cancer diagnosis, and the treatment regimen. For uninsured patients, the financial burden can be catastrophic, potentially leading to medical debt and bankruptcy.
