The Best Alternative Financial Resources for Cancer Treatment Funding
- Real Estate. Homeowners may be able to leverage their real estate into funds usable for treatment. If they meet...
- Crowdfunding. Medical crowdfunding is an option for those who feel comfortable accepting financial support from their...
- Retirement Funds. Pensions, 401 (k)s, and individual...
Full Answer
Where can I get help with cancer treatment costs?
Local faith-based churches, synagogues, and mosques may help, sometimes even if the cancer patient is not a member of that organization or religion. Catholic Charities USA, Jewish Social Services Agency, Lutheran Social Services, and others may offer financial assistance. Ask about grants to help cover the cost of treatment and other expenses.
How can I raise money for a cancer patient?
GoFundMe is an option. Also, patient advocates have held yard sales, bake sales, and other fund-raising events. There should be no shame on the part of a cancer patient asking for financial help. No donation is too large or small.
How can cancer patients receive financial help?
GoFundMe is an option. Also, patient advocates have held yard sales, bake sales, and other fund-raising events. There should be no shame on the part of a cancer patient asking for financial help. No donation is too large or small. All donations are a gift of love. It’s amazing to find that $20 multiplied by so many hands can cover treatment costs.
How much does Integrative Cancer Treatment cost?
Depending on your type of cancer, the cost for treatment at natural or integrative cancer clinics can range from $50,000 to more than $100,000. On top of that, there will be out-of-pocket costs – travel, meals, lodging, etc. – that have to be accounted for by the patient.
Selling a Life Insurance Policy
This option allows a patient to receive a percentage of the face value of their policy. The team at LifeGuide Partners can answer questions regarding your policy and its value.
Crowd Funding
If you’re on social media, you’ve seen these type fund-raisers. Options like Freely Funded or GoFundMe can help raise money for medical treatments.
Personal Financing
CareCredit specializes in healthcare loans (including interest-free options) for co-payments and treatment.
Health Share Networks
Medi-Share, Samaritan Ministries, and Christian Healthcare Ministries are popular options. People “share” in covering other members’ healthcare costs.
Home Mortgage
Depending on your financial situation and needs, consider a second mortgage on your home. You may even want to consider selling your home.
What is medical crowdfunding?
Medical crowdfunding is an option for those who feel comfortable accepting financial support from their friends, family members, and loved ones. This option involves signing up for a crowdfunding site, explaining the patient’s need for treatment funds, and sending the link to friends and acquaintances who are likely to make contributions to the treatment costs. Popular crowdfunding websites include youcaring.com, gofundme.com, and plumfund.com. They typically keep a small percentage of contributions to offset their operating costs. Make sure you know how much the site you choose will keep before signing up for a crowdfunding campaign.
Is a 401(k) taxable for cancer patients?
Pensions, 401 (k)s, and individual retirement accounts (IRAs) can be a financial resource for many cancer patients – but liquidating these accounts before the age of 59½ carries a 10% penalty in fees to the Internal Revenue Service and is taxable on both a federal and state level. Another option is to take out a loan secured by these accounts’ cost value; while there will still be fees and monthly payments, it will likely be less costly than cashing out the accounts too early.
What is the best treatment for cancer?
This is one of the alternative cancer treatments that seems to work the most effectively with breast, bowel, stomach, and skin cancer.
What is traditional cancer treatment?
Traditional cancer treatment is what many people refer to as “slash, burn, and poison”. These harsh words reference surgery, radiation, and medications, and for many people, this crude treatment simply doesn’t work. As a result, they want to turn to alternative cancer treatments.
What is biomagnetism therapy?
You may hear this cancer treatment referred to as biomagnetism, biomagnetic pairs, or terrain restoration therapy. It uses magnets, and similar to acupuncture, the magnets are placed on strategic parts of your body. In particular, they are placed over the areas where you have cancer, and they work to restore the natural pH balance of your body.
What is insulin potentiation therapy?
Insulin Potentiation Therapy or IPT is one of the alternative cancer treatments that some people use alongside very low-dose chemotherapy. IPT helps small chemotherapy doses to target cancer cells more effectively.
Can cancer cells live without oxygen?
Your body thrives on oxygen, but cancer cells are an anomaly. They can live and grow without oxygen — this statement applies to all types of cancer cells. In fact, when healthy cells don’t get enough oxygen, they can become cancerous. This information is not new.
Does vitamin D3 help with cancer?
Although the sun can cause skin cancer, the vitamin D3 that it produces can also work as an alternative cancer treatment. Some people take these vitamins proactively, but others use this as an option to treat existing cancer. To ensure optimal absorption of any supplement with vitamin D3, make sure to eat some fatty foods like coconut oil.
Does frankincense oil help with cancer?
Some people also turn to frank incense oil treatment for cancer. They have used this for brain cancer, breast cancer, colon cancer, pancreatic cancer, prostate cancer, and stomach cancer. This particular essential oil has been linked with a variety of treatments since ancient times, but contemporary studies also attest to the efficacy of this treatment. In one study, scientists found that breast cancer cells stopped growing when they were exposed to frankincense oil. In another study, they found that it helped to suppress cells associated with bladder cancer.
Funding Strategies
Treatment
- Local faith-based churches, synagogues, and mosques may help, sometimes even if the cancer patient is not a member of that organization or religion. Catholic Charities USA, Jewish Social Services Agency, Lutheran Social Services, and others may offer financial assistance. Ask about grants to help cover the cost of treatment and other expenses. Ther...
Housing
- If you have to travel to see a doctor for cancer treatment, depending on the protocol, most likely you will need to stay for a few days. If you need help with lodging costs: 1. Healthcare Hospitality Network— an association of more than 200 nonprofit organizations that provide lodging and support services to families and their loved ones who are receiving medical treatment away fro…
Travel
- OK, so you have found a clinic — now, how do you get there for the cancer treatment? There are several transportation services that can assist you: 1. Air Care Alliance— a central listing of free transportation services provided by volunteer pilots and charitable aviation groups. 2. LifeLine Pilots— volunteer pilots who donate their time and all flight expenses to people in need of free tr…
Advocacy
- Paying for cancer treatment can weigh on your mind. While focusing on your health, there isn't a lot of time to dedicate to making sure the bills are paid. But you must do it! If you need help charting a course: 1. Patient Access Network Foundation— focused on ensuring underinsured patients living with life-threatening, chronic and rare diseases get the financial assistance they n…
Do Your Homework
- Before talking with a doctor, a financial rep, or anyone associated with your health care, prepare for the meeting: 1. Write down your questions before the appointment. 2. Write notes during the conversation or even tape the conversation; most smartphones can record audio. 3. If you do not understand something, ask a follow-up question or for a clearer explanation. 4. It is your right to …