Colon cancer, also referred as colorectal cancer affects both women and men in the United States, where it is the third leading cancer cause of death in the US. Currently, there are 135,260 men and women with colon cancer in the US. According to the American Cancer Society, there are 96,830 new cases of colon cancer each year, where 1 in 20 individuals will develop colon cancer in their lifetime.
American Cancer Society Cancer Action Network (ACS CAN) found that the average cost of colon cancer for patients can range from $15,000 to $17,000 over the course of treatment. Treatment can last up to 3 years in most cases. This is an average annual cost of $4,151.
For patients over the age of 65 years, this can amount to a per annual cost of $51,327 for female colon cancer patients and $51,812 male colon cancer patients.
Where To Get Colon Cancer Financial Assistance
Here are the 3 most common places you can generally receive financial assistance for colon cancer in the United States. Each of these options have their own requirements, restrictions and availability.
1. Health Insurance: Medicare
Having health insurance can help cover majority of your medical expenses while you undergo treatment for colon cancer. However for those who have been battling cancer and do not have health insurance, getting health coverage with pre-existing conditions can be very difficult, if not expensive.
Medicare has provided many cancer patients with low cost health insurance coverage. This government run program provides a lifeline for many colon cancer patients to access affordable and high quality health care coverage.
Medicare is one of the most common forms of financial assistance for colon cancer patients. Many patients are eligible for this program and find it helpful to cover costs associated with colon cancer treatment. You will still be required to pay a monthly insurance cost, and any out of pocket costs that are not covered by your insurance policy.
2. Financial Assistance From Your Medical Provider
Your medical provider can provide some form of financial assistance through discounts and reduced medical costs. Many patients undergoing colon cancer treatment can often feel overwhelmed with stress due to their pending medical bills. However, many patients are unaware of the ability to negotiate such medical bills, particularly if you are struggling financially.
Negotiating your medical bills can help significantly. Patients can look into co-payment programs or payment plans with their medical provider to help reduce the overall medical bill. Alternatively, you can negotiate to pay a larger lump sum upfront and get a substantial discount as a result.
There are also professional and paid agencies that can help. These agencies will negotiate on your behalf and charge a small percentage fee at the end if they are able to secure any discount.
3. Colon Cancer Non-Profit Organizations
There are limited non-profit organizations that offer financial assistance support specifically for colon cancer patients. All financial assistance options from non-profit organizations offer short term assistance through a small grant or funding.
For example, the Colon Cancer Alliance offers individuals with colon cancer a one off grant of $300. The intended use of the grant is to help patients with paying rent, utilities, or food costs.
Another grant provided by Chris4Life Colon Cancer Foundation offers individuals with $250 for colorectal cancer patients. Similarly, the money should be used to pay for household or living expenses.
Another barrier for many colon cancer patients is that many of the grants available are only open at certain times of the year. This means that when you require financial assistance, the opportunity to access the grant is closed or unavailable.
Funding is also governed by availability. Many organizations close off programs or do not accept a larger number due to limitations of resources available in their organization.
For more options, colon cancer patients can look into accessing financial assistance programs offered from cancer related organizations. These may be more competitive as compared to colon cancer specific grants, however there are many more options available.
Fundraising For Colon Cancer Financial Assistance With PeoplePledge
Colon cancer patients can fundraise for free with PeoplePledge. This is an alternative to some of the traditional forms of financial assistance currently available.
Why Fundraise For Colon Cancer Financial Assistance?
Fundraising online using your own networks can have a greater result and impact. Compared to the limiting resources that may be available for colon cancer patients through grants and programs, fundraising offers patients the ability to raise funds without any of these limitations. This means, patients can freely fundraise without any restrictions.
Patients can therefore determine how much they would like to raise and in turn, how the funds are used. There are no lengthy processes to get started and creating a fundraising page can take a few minutes to an hour.
This means, patients can start receiving financial support from friends and family on the same day.
Unlike government programs or grants from non-profit organizations, fundraising for medical expenses allows patients to take full control of the situation. getting financial assistance more quickly and more effectively.
How To Start My Fundraiser In 3 Easy Steps
Step One: To get started a patient needs to go to the PeoplePledge website and sign up. This will prompt you to create your fundraising page. You will be required to fill out the necessary information. This includes writing up your story that share your medical journey with friends and family. Explain why you are fundraising and where the money is going towards. You will also have the opportunity to upload photos that you would like on your fundraising page. This helps personalize your fundraising page and to help connect with your potential donors visually.
Step Two: Once your fundraising page is ready, you will receive a URL link of your live fundraising page. This is the link you can share with friends and family. Simply share you fundraising page link on social media, email and word of mouth to start receiving donations.
Step Three: As donations come in, the third and final step to help you reach your goal is to update your page regularly but also say thanks to your donors. This is an important step and shows your sense of appreciation of their donation.
1) What are the key statistics about colorectal cancer?: http://www.cancer.org/cancer/colonandrectumcancer/detailedguide/colorectal-cancer-key-statistics
2) Colorectal Cancer Statistics: http://www.cdc.gov/cancer/colorectal/statistics/
3) New Study Reveals Popular Federal Employee Health Plan a Good Starting Point to Determine Minimum Benefits Coverage: http://action.acscan.org/site/News2?page=NewsArticle&id=11253&news_iv_ctrl=1321
4) Cancer Prevalence and Cost of Care Projections: http://costprojections.cancer.gov/annual.costs.html
5) General living expenses: http://www.cancerfac.org/bytype.php?type=general&#natlorgs
More Colon Cancer Financial Assistance Resources
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- Paying for colon cancer treatments using medical crowdfunding Medical crowdfunding offers huge benefits for patients and loved ones of colon cancer. Fighting against cancer just doesn’t wear you down mentally and physically, but it also can be financial challenge as well. Colon cancer is one of the most common types of gastrointestinal cancers and an ailment that can sometimes be hard to notice. ... Read more
- How to Budget To Pay For Colon Cancer Surgery Medical Expenses Colon cancer can become quite an expensive illness to treat. Not only does it affect an individual’s health but it can also affect them emotionally, impacting relationships plus it can cause a heavy toll on the wallet as well. In fact, there are a lot of different unexpected expenses that can come up including colon ... Read more