Researchers
at Johns Hopkins recently published a study on out-of-pocket spending for
cancer patients. Here are some key findings from the report:
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Out-of-pocket costs range from $2,116
to $8,115 for Medicare cancer patients.
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Medicare covers 80% of outpatient
costs, has $1,000 co-pays for hospital visits.
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Out-of-pocket costs were $2,116
annually for Medicaid beneficiaries with cancer.
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VA beneficiares paid $2,367
out-of-pocket for care with a new cancer diagnosis.
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10% reported that those costs were at
least 63% of annual income.
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Hospitalizations accounted for 12-46%
of out-of-pocket cancer spending.
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Source:
Johns Hopkins, November 23, 2016
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