Cancer  /  Economic Burden

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    • Portion of Medicare dollars spent on cancer care
       
    • Causes of financial burden on individuals with cancer
       
    • Cost of cancer care in 2009
       
    • Three million cancer patients remain active in the workplace during their treatment, and incur 33 million days of disability each year.  
    • The value of life lost from all cancer deaths in 2000 was $960 billion.  
    • The value of life lost from all cancer deaths in 2000 was $960 billion.  
    • People diagnosed with cancer are at a higher risk of bankruptcy than those without a cancer history.  
    • In one study, 42 percent of participants reported a significant financial burden. As a result: 68 percent cut back on leisure activities 46 percent reduced spending on food and clothing 46 percent…  
    • Spending on cancer medicines represented approximately one percent of the total national health expenditures in 2011.  
    • Employment disability accounts for about 75 percent of lost productivity among cancer survivors.  
    • Three million cancer patients remain active in the workplace during their treatment, and incur 33 million days of disability each year.  
    • The annual excess economic burden of cancer survivorship, among recently diagnosed cancer survivors, was $16,213 per survivor age 18 to 64, and $16,441 per survivor age 65 and older (from…  
    • Care for cancer survivors in the U.S. in 2010 cost an estimated $137 billion in medical expenditures.  
    • More than 10 percent of cancer patients have annual out-of-pocket costs that are higher than $18,585, and 5 percent have costs that exceed $35,660.  
    • Total annual medical expenditures are $4,187 higher for men with cancer, and $3,293 higher for women with cancer, compared with individuals without a history of the disease.  
    • The direct medical costs for cancer in 2011 were an estimated $88.7 billion: 50 percent was for hospital outpatient or office-based provider visits 35 percent was for inpatient hospital stays 11 percent was…  
    • One in 12 Medicare fee-for-service dollars is spent on cancer care.  
    • In 2011, four cancers accounted for nearly half of all Medicare payments for cancer–lung and bronchus (13 percent), breast (11 percent), colorectal (11 percent), and prostate (10 percent).  
    • Estimated Annual Cost of Cancer Care in 2010 by Site  
    • The total cost of cancer in 2009 was $216.6 billion–$86.6 in direct medical costs and $130 billion for indirect mortality costs.  
    • In 2007, the national average cost of chemotherapy drug treatment was $111,000 annually per patient.  
    • The total cost of cancer in 2014 is $216.6 billion–$86.6 billion for medical expenses and $130 billion for loss of productivity.  
    • Prostate cancer accounts for more than $7 billion in spending annually.  
    • Cancer is the highest-cost diagnosis in terms of out-of-pocket spending.  
    • U.S. spending on cancer treatment has risen greatly over time, from $13.1 billion in 1980 to $72.1 billion in 2004.   
    • The NIH estimate overall cancer costs in 2007 at about $219.2 billion–$89 billion for direct medical costs, $18.2 billion for indirect morbidity costs (costs due to lost productivity due to…  
    • In 2004, the U.S. spent about $72.1 billion in direct costs for cancer care.  
    • For elderly cancer patients, 5 year Medicare costs in 2004 were approximately $21.1 billion.  
    • The average 5 year costs of cancer vary depending on the type of cancer. In 2004, it cost $20,000 every 5 years for patients with breast cancer or melanoma–it cost…  
    • Colorectal cancer treatment is the second-most costly treatment, and costs over $6.5 billion per year. Breast cancer is the first, and costs about $6.6 billion.  
    • A poylp can be removed during colorectal cancer screening for about $1,500, but if the cancer has metastasized, costs of care can rise over $58,000 over the patients lifetime.  
    • Breast cancer treatment in the U.S. costs close to $7 billion per year.  
    • The direct and indirect costs of breast cancer in the U.S. are about $2.35 and $3.13 billion annually. Close to $2 billion of that total is spent on late stage…  
    • Net patient time costs during the initial phase of care ranged from $271 and $842 for melanoma of the skin and prostate cancer, respectively, to $5348 and $5605 for gastric…  
    • The NIH estimated that the overall cost of cancer in 2006 was $206.3 billion. This figure includes $78.5 billion in direct medical costs, $17.9 billion in indirect morbidity costs, and…  
    • The National Institutes of Health estimated the overall cost of cancer in 2005 was $209.9 billion. This figure includes $74.0 billion in direct medical costs, $17.5 billion in indirect…  
    • Cost of Care for Those Who Lose Independence  
    • The annual national cost of informal caregiving for cancer patients is an estimated $1 billion.  
    • Direct annual spending for prostate cancer is $3.6 billion.  
    • Colorectal cancer treatment costs about $6.5 billion per year; breast cancer treatment costs nearly $7 billion per year; and cervical cancer treatment costs around $2 billion per year.