01/23/2025 | Press release | Distributed by Public on 01/24/2025 14:12
Alexandria, Va.-January 23, 2025-The American Society of Clinical Oncology (ASCO) released a new position statement today detailing recommendations for health care stakeholders to reduce the heavy financial burden people with cancer face when trying to fund their care.
ASCO's recommendations include reducing or capping patient cost-sharing in Medicare Part B and Affordable Care Act (ACA) Marketplace plans, ending the co-pay accumulator programs that increase patient costs for prescription drugs, and ultimately eliminating out-of-pocket costs for active cancer treatment. Specific recommendations include:
"Rising out-of-pocket costs are a proven barrier to receiving appropriate and needed care for people with cancer, including those with health insurance," said ASCO President Robin T. Zon, MD, FACP, FASCO. "Even with the existing limits on out-of-pocket costs, patients with cancer are more likely than people without a cancer history to report cost-related delays and reductions in prescription filling, use of less medication, or skipped medication doses-all of which jeopardize the outcome of their cancer treatment."
ASCO is committed to advancing policies that improve patient access to high-quality, equitable cancer care. The Society will continue to work with all stakeholders to address this barrier and ultimately improve cancer care for the people who need it.
Read ASCO's position statement on out-of-pocket costs for cancer care.
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About the Association for Clinical Oncology
The Association for Clinical Oncology (ASCO®) is a 501 (c)(6) organization that represents nearly 50,000 oncology professionals who care for people living with cancer. Established by the American Society of Clinical Oncology, Inc. in 2019, ASCO works to ensure that all individuals with cancer have access to high quality, equitable care; that the cancer care delivery system supports optimal cancer care; and that our nation supports robust federal funding for research on the prevention, screening, diagnosis, and treatment of cancer. Learn more at www.ascoassociation.organd follow us on Twitter at @ASCO.