Oncology nurses must acknowledge patients’ concerns about financial toxicity and help address them.
Cancer causes significant financial adversity within the American healthcare system. Hence, the costs associated with cancer are often characterized using negative descriptors such as burden, toxicity, and harm. This includes hardship on patients and their families attempting to recover from this life-threatening illness.1
A recent study published in the Journal of Oncology Practice addressed total expenditures on anti-cancer drugs in the US between 2011 and 2016.2 Overall, expenditures rose from $26.8 billion in 2011 to $42.1 billion in 2016, with the greatest escalation in costs evident in 2015 (15.6% from the previous year). This was most likely correlated with the rising availability and use of targeted therapies during this timeframe.3
These rising drug-related costs are trickling down and affecting the pocketbooks of patients and their families. High insurance deductibles, premiums, and uninsured populations are contributing to the growing number of Americans who are worried about or unable to afford the contemporary cost of cancer treatment.
In another study published in the same journal, researchers found that out of nearly 2,000 adult patients with cancer who were identified through a health registry/survivor cohort, 26% agreed that the definition of financial toxicity is: “having to pay for more medical care than you can afford.” Respondents in this group were characterized as individuals who fell into 1 or more of these categories: under 65 years of age, female, nonwhite, non-English speaking, unmarried, less educated, and having received a cancer diagnosis within the immediate timeframe of their questionnaire completion. Other significant attributes of this group were an increased likeliness to report noncompliance with medications, forgo mental health support, follow up with physician’s visits, and receive recommended medical tests. These individuals most commonly cited reasons for delayed or missed care as the absence of insurance coverage associated with the weighed decision of paying for cancer care versus affording household expenses. 4
While historically, oncology nurses focused on the physiological toxicity of therapies, we now have to address new barriers to optimal patient care. Existing resources to address financial toxicity may be scarce within some oncology practice settings. Oncology nurses need to acknowledge this and do more to identify resources to assist with this threat to the quality of our patients’ survival.
References
FDA Approves Encorafenib Plus Cetuximab and Chemo in BRAF V600E-Positive Metastatic CRC
Published: December 20th 2024 | Updated: December 20th 2024The FDA has granted approval for the use of encorafenib in combination with cetuximab and mFOLFOX6 for the treatment of metastatic colorectal cancer harboring a BRAF V600E mutation.