An Emotional and Financial Toll
Childhood cancer is the #1 disease killer of children in the U.S. Childhood cancers affect approximately 12,500 children each year in this country. It strikes children from all ethnic backgrounds and every level of financial income.
"The results of a survey held by the American Childhood Cancer Organization tell a story of high
medical expenses, overwhelming amounts of paperwork and medical bills, limits to insurance coverage,
debt, high emotional stress and a lack of helpful resources.
According to the survey, 60% of families had health insurance through an employer. Yet, insurance was no guarantee against financial hardship. Half of the families surveyed said they've experienced considerable to severe household debt due to their child's treatment costs:
30% spent $2,500 to $10,000 on co-pays, pain management, mental health services, and medical equipment, among other medical related expenses 60% spent anywhere from $1,000 to $10,000 on non-medical related costs, such as hospital parking, meals away from home, childcare and lodging.
Naturally, at least one parent needs to be available to care for the sick child, who no doubt spends a considerable amount of time away from school and other activities while being treated. Parents spent anywhere from 11 to 40 hours each week care-taking, and to do this, sacrificed their work life and their family's overall income at a time when money is needed more than ever."