Broke from cancer
July 13, 2018
No one wants a cancer diagnosis, but if you get one, AARP magazine says you should 1. See a medical specialist and 2. A money manager. The statistics are sobering: cancer patients are 2 ½ times more likely to declare bankruptcy than healthy people and those who do so are 80 percent more likely to die than other cancer patients. The diagnosis is tough and if you’re lucky enough to have insurance, there are deductibles and co-pays that add up. Add in the cost of travel, lost work, at home care needs, unmet financial responsibilities, and you have a formula for financial disaster. New can...
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