Cancer Costs Hit Young and Poor Hardest: Study

In a new survey, colon cancer patients younger than 50 and those with low incomes or unemployed were most likely to experience severe financial hardships as a result of the treatments meant to save their lives.

The study of Washington state residents who underwent colon cancer treatment found that compared with older people, patients under age 50 had more than 50-times greater chances of selling or refinancing their homes, having their income drop 20 percent or more, going into debt or having to borrow money from friends and family to meet expenses.

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Source: Reuters