The ripple effect: Cancer‐related financial toxicity for family members and caregivers.

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Title: The ripple effect: Cancer‐related financial toxicity for family members and caregivers.
Authors: Dee, Edward Christopher (AUTHOR), Robredo, Janine Patricia G. (AUTHOR), Eala, Michelle Ann B. (AUTHOR), Suanes, Patricia N. (AUTHOR), Bhoo‐Pathy, Nirmala (AUTHOR)
Source: Psycho-Oncology. Jan2023, Vol. 32 Issue 1, p155-159. 5p.
Subjects: Services for caregivers, Caregivers, People with mental illness, Patients' families, Social scientists, Southeast Asians, Safety-net health care providers, Critically ill children
Abstract: The costs of cancer care continue to rise worldwide.[[1]] These costs result in "financial toxicity" borne by patients, that is, the "distress and hardship arising from the financial burden of cancer treatment."[3] Financial toxicity can manifest as direct financial consequences of treatment such as out-of-pocket expenses, incurred debt, savings and asset depletion, past-due credit card payments, and losses associated with missed work including the risk of job loss; the psychological distress associated with costs of care; and harmful cost-driven coping mechanisms such as omitting or delaying medications and treatment.[[1], [4], [6]] However, another manifestation of financial toxicity is likely underrecognized and "undertreated", requiring further examination: that is, how financial toxicity affects patients' families and primary caregivers. The financial burden and distress of patients with cancer: understanding and stepping-up action on the financial toxicity of cancer treatment. Shared burden: the association between cancer diagnosis, financial toxicity, and healthcare cost-related coping mechanisms by family members of non-elderly patients in the USA. CONCLUSION The rising costs of cancer care highlight the urgent need to assess and address financial toxicity and its ripple effect on families and caregivers of patients with cancer. [Extracted from the article]
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Database: Psychology and Behavioral Sciences Collection
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Abstract:The costs of cancer care continue to rise worldwide.[[1]] These costs result in "financial toxicity" borne by patients, that is, the "distress and hardship arising from the financial burden of cancer treatment."[3] Financial toxicity can manifest as direct financial consequences of treatment such as out-of-pocket expenses, incurred debt, savings and asset depletion, past-due credit card payments, and losses associated with missed work including the risk of job loss; the psychological distress associated with costs of care; and harmful cost-driven coping mechanisms such as omitting or delaying medications and treatment.[[1], [4], [6]] However, another manifestation of financial toxicity is likely underrecognized and "undertreated", requiring further examination: that is, how financial toxicity affects patients' families and primary caregivers. The financial burden and distress of patients with cancer: understanding and stepping-up action on the financial toxicity of cancer treatment. Shared burden: the association between cancer diagnosis, financial toxicity, and healthcare cost-related coping mechanisms by family members of non-elderly patients in the USA. CONCLUSION The rising costs of cancer care highlight the urgent need to assess and address financial toxicity and its ripple effect on families and caregivers of patients with cancer. [Extracted from the article]
ISSN:10579249
DOI:10.1002/pon.6067