Cancer-related costs expected to hit $200 billion this year.
Patients are paying high costs for cancer treatment in the US, and those costs are expected to rise, a new report said. The report from the American Cancer Society’s Cancer Action Network (ACS CAN) predicted that 1.8 million new cases of cancer will be diagnosed in the U.S. in 2020 and found that nearly 17 million Americans living today have a cancer history.
The report also predicts a 34% in increase cancer-related costs by 2030 from 2015 costs, which were $183 billion annually. Those costs will rise to $245.6 billion in ten years. In 2020, $200.7 billion will be spent on US cancer costs.
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