Cancer Treatment Costs Aren’t Growing Faster Than Overall Health Costs

Need for more screening of baby boomers at higher risk of carrying hepatitis C
April 12, 2016
Wash Your Hands
April 12, 2016
Show all

Cancer Treatment Costs Aren’t Growing Faster Than Overall Health Costs

The costs to treat cancer have a reputation for going sky high; however, research shows that increases are actually in line with overall health care spending growth.

The costs of treating cancer haven’t been outpacing the overall rise in health care costs, it turns out.

Over the last decade, the cost to treat cancer patients has grown at roughly the same rate as all health care spending. That goes against a wide-reaching narrative that said cancer care costs have been outstripping other medical concerns, according to a new study by actuarial firm Milliman.

“There has been a long-held belief in research and policy circles that cancer care costs in America have gone up disproportionately as compared to other health care costs,” said Debra Patt, a practicing oncologist at Texas Oncology and a study team member. “What these data actually show are that per capita oncology cost increases are proportional to total healthcare spending.”

Read Full Article: Cancer Treatment Costs Aren’t Growing Faster Than Overall Health Costs – Fortune

 

The health and medical information on our website is not intended to take the place of advice or treatment from health care professionals. It is also not intended to substitute for the users’ relationships with their own health care/pharmaceutical providers.

Comments are closed.