Insider - According to a new study published in the American Journal of Medicine, 42% of new cancer patients lose all of their life savings in two years because of treatment. The average amount a cancer patient lost was $92,098.
After tracking 9.5 million cancer patients from 2000 to 2012, researchers also learned that 62% of all cancer patients are in debt because of their treatment, and 55% of them owe at least $10,000.
Overall, the total medical costs for cancer are $80 billion in the US.
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