Author: Trisha Leigh Zeigenhorn / Source: did you know?
As if hearing that you’ve got a battle against cancer ahead of you isn’t frightening enough, a new study in the American Journal of Medicine suggests that nearly half of newly diagnosed patients will exhaust their assets within two years of starting treatment.
The study lasted 12 years and examined 9.5 million people, ranging in age from 59-78 (which means they likely had substantial savings to start with), and revealed that 42.2% of them were broke after 2 years of treatment. Which isn’t hard to imagine considering the average cost of treatment (insured or not) was over $92,000 in that…
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