How to Cope with Financial Hardships as a Result of Cancer

While much of the discussion about the impact of cancer centers on the physical repercussions of the disease, there are many other areas of a person’s life that are affected. Finances, for instance, often take a very serious hit when a person is battling cancer. What causes these hardships? The cost of treatment is perhaps the most significant roadblock for many patients. The price tag associated with chemotherapy, pill regimens or surgery can seem prohibitive to many; even with insurance, medical bills can pile up into the tens of thousands. That doesn’t include other costs, such as co-pays, transportation, equipment, and more. There are also a number of lifestyle changes that can impact finances. For instance, patients may have to reduce their working hours or stop working altogether, which can cripple the incoming cash flow. Factor into that added childcare costs while the person is in treatment or recovering and the challenging financial landscape comes more into focus. What are some ways to cope with these hardships? Patients may tap into their savings to meet these added costs, and can even borrow against life insurance. This is a more strategic approach, as it allows the person to meet immediate needs while still thinking about the future. Some insurance policies, particularly those that are whole or life, may allow holders to borrow against life insurance, though they will have that provision written into their policy and have to meet a range of criteria. Another option is a program like Life Credit’s Living Benefits Loan initiative, which has more flexibility eligibility requirements and is open to both whole- and term-life policyholders....

Things You Can Do to Relieve the Burdens of Stress Caused by Cancer

When a patient is given a diagnosis of cancer, the fears may immediately start piling on—about one’s health, future, family, finances, and much more. Despite state-of-the-art treatment and a good prognosis, worries and anxiety will surely continue to affect the quality of life of cancer patients. Even after a patient has gone into remission, he or she may still grapple with the residual stressors of the disease. That’s why help for cancer patients in the early stages of their journey is key. Building stress-reducing techniques into one’s daily habits encourages people to make healthy decisions day in and day out, leading to improved mental health and even physical health. Loved ones can provide help for cancer patients by encouraging them to adopt some stress-reduction habits, such as: Exercise: Physical activity is widely acknowledged to be one of the best ways to reduce stress. Some may question if it can actually provide help for cancer patients, who may not be able to have the same level of physical activity they once did. However, even minimal amounts of exercise have proven beneficial to mental wellbeing. A daily walk around the block or through a treatment center or a dip in a pool at a local gym can provide essential help for cancer patients. Healthy Eating: Stocking up on fruits and veggies is a great way to improve outlook and mood, in addition to fueling physical health. The nutrients in a healthy diet have been shown to provide help for cancer patients who are looking to reduce stress and stay centered. Exploring one’s culinary skills is also a fun and engaging way...