Top Five Ways You Can Support a Cancer Patient

Cancer patients need support across a variety of spectrums—medical, financial and emotional, among others. Loved ones who have a family member or friend battling cancer may often feel at a loss of how to meet all those needs, but there are some simple ways to make the fight against cancer a little easier. 1. Organize a community benefit: Cancer patients, even those who are insured, are often in need of financial assistance to help pay medical bills and other expenses. If you’re unsure how to plan a benefit, many restaurants, country clubs or other venues often employ event specialists and other planners who can assist with all the details, such as invitations, organizing raffles and ordering food and other supplies. 2. Partner with a local or national cancer organization: Another way for those considering how to hold a fundraiser for cancer patients is to seek a partnership with a cancer agency. Such organizations can offer insight and resources for organizing unique events to benefit individual patients, such as walk-a-thons, parties or donation drives. 3. Connect the patient with needed resources: Sometimes a cancer patient may not have the time or energy to invest in finding information that could help them in their journey. Explore programs that could meet the individual needs of your loved one, such as Life Credit’s Living Benefit Loans, which allow patients to borrow against their own life insurance. 4. Consider overlooked tasks: Treating cancer is an around-the-clock chore, which means daily chores may fall by the wayside. Help out the patient in your life by cooking meals, transporting kids to and from activities or even...

Emergency Financial Help For Cancer Patients    

While every cancer diagnosis is unique, most share the common factor of the news being sudden and unexpected. As such, few people have any sort of contingency plan for handling such a medical crisis. Their daily routines, work schedules and especially finances are often thrown into disarray, meaning they and their loved ones need to quickly figure out some stopgap measures to ease the stress and help them focus on getting better. While family and friends may dive in to help with daily responsibilities, emergency financial aid for cancer patients is also available to address the monetary aspect of a cancer crisis. One of the first sources of financial aid for cancer patients can often be found at healthcare facilities, which usually are able to connect patients with a financial consultant. Such an individual will be able to offer insight into relevant programs and policies to help patients navigate the complex world of cancer costs. However, patients should be cautious about the advice offered by hospital-employed financial advisors, as they do have the organization’s own interests in mind, as well as those of the patient. Finding one’s own financial aid for cancer patients is another avenue. One way to access emergency funds is through a patient’s own resources, such as life insurance. Some insurance companies allow holders to borrow against the value of the policy; however, such arrangements typically only involve whole life insurance and may require a pre-written rider to enable such circumstances. Alternately, programs such as Life Credit’s Living Benefits Loans allow life insurance holders with at least $75,000 in their policies to receive up to half of their death benefit and then repay that loan and regain control...

Top Financial Assistance Resources for Cancer Patients

Financial assistance is most often associated with college tuition, but it’s also available for another very costly time in one’s life: a cancer diagnosis. From life insurance loans for cancer patients to initiatives that help patients with everyday expenses, there are a number of programs available to alleviate the financial burden that most cancer patients face. Here are a few of the options cancer patients can consider when looking to get their finances on the right track—so their health can follow: · Cancer Financial Assistance Coalition: If you’re looking for a broad overview of the different options available, Cancer Financial Assistance Coalition’s website provides ample information. Users can sort through programs for people with varying needs, from meal-delivery services to wish-fulfillment initiatives. Life insurance loans for cancer patients: Not all life insurance policies allow holders to draw on their value; policies usually must meet certain requirements, and patients often have to have a terminal prognosis. Instead, Life Credit’s Living Benefit Loans program allows policyholders with at least $75,000 in any type of life insurance to borrow up to 50 percent of the policy’s death benefit, which is often released in just days and can be used to cover a range of costs. Life Credit Company provides Living Benefit Loans to those who need it. Follow Life Credit’s simple 3 step process to financial assistance for cancer patients. Local-level programs: While many large national agencies offer resources, there are also local efforts across the country. The American Cancer Society and United Way, for instance, each enable patients to search for individualized services tailored to their geographic locations. Condition-based efforts: People...

How to Manage the Cost of Treating Prostate Cancer

An early diagnosis and expert treatment are both keys to recovering from prostate cancer. Another often overlooked element of this journey is financial help for prostate cancer patients, which can assist them in receiving proper care and reducing stress—which can take a toll on one’s mental and physical health. Prostate cancer is a very survivable disease, but intervention usually involves surgery or even a series of surgeries combined with other therapies like radiation treatment. Costs vary widely and often depend on insurance and diagnosis, but a recent study by the University of California San Francisco found that one surgery for low-risk prostate cancer can cost more than $19,000, with a high-risk treatment averaging around $50,000. So, what financial help for prostate cancer patients is available? There are a number of options, such as the American Cancer Society’s wide-ranging resources for patients with varying types of cancer, including prostate. Cancer Care also offers individual condition-based financial resources, along with counseling and other assistance programs. There are also options for patients to access their own resources, such as through Life Credit’s Living Benefit Loans program. Patients with at least $75,000 in life insurance are eligible to receive up to half of their policy’s death benefit, which can be used as financial help for prostate cancer and those with other conditions. Borrowing against their own life insurance enables patients to access funds into which they’ve already paid quickly and easily, and to regain full ownership of the policy once the loan is repaid. Financial help for prostate cancer can be a significant contributor to one’s future health, as patients—even those who are...

Creating a Plan After a Cancer Diagnosis  

Planning is essential for any major life experience: going to college, buying a house, having a baby. Getting details in order, schedules on track and options sorted can help the best decisions be made, with the best outcomes. The same can be said for unfortunate situations such as a cancer diagnosis. A cancer care plan is an often-overlooked yet highly essential component of a person’s journey through and beyond cancer. From the day a diagnosis is delivered to the moment the news of remission comes, being prepared and informed through a cancer care plan can make each step a bit easier. What is the best way to make a cancer care plan? It’s important to proactively consider the different areas of your life that will be changed by your diagnosis, and then explore the options and opportunities that exist within each to make those changes more manageable. A typical plan could include: Treatment: Among the most important aspects of a cancer care plan is treatment. This portion of the strategy should include research about healthcare facilities, physicians and different treatments available. Patients should understand the ins and outs of each treatment, including the costs, side effects and recovery times. Finances: A cancer care plan should address the patient’s overall financial picture, including estimated costs for treatments, co-pays, and other medical expenses. This aspect of the plan should also include resources for financial assistance for cancer patients. Caregiving: Cancer can interrupt daily responsibilities, such as caring for children or elderly parents. A cancer care plan can address how those obligations will be handled during a patient’s treatment and recovery, including rotating schedules of family...