The economic price of cancer: live discussion

purse with little money

Folks living with cancer usually earn much less and have extra costs. Photograph: Graham Turner for the Guardian

Cancer leaves in its wake not only a host of physical side-effects, but also possibly crippling economic charges.

4 in 5 cancer sufferers are hit with an common cost of £570 a month as a outcome of their illess, in accordance to research by Macmillan Cancer Support.

Why is cancer so pricey? Individuals residing with cancer frequently have diminished earnings and want to discover funds to cover further expenses this kind of as hospital travel expenses and improved fuel expenses, amid a gloomy financial climate.

A single in three drop on typical £860 a month in earnings because they are unable to operate or have cut down their hrs. Six in 7 cancer sufferers see monthly costs shoot up by £270 on regular.

The economic burden of cancer is not the identical for everyone. Those in perform, and people with kids, are far more most likely to bear the expense of their illness. The effect for people on minimal incomes is twice that for individuals on the highest incomes. And those with a rarer cancer are hit with a bill twice the dimension as that of a person with colorectal or prostate cancer.

How can employers assist? What rewards are available? How can sufferers deal with the economic expense of cancer? We will be answering these inquiries and much more in an on the web discussion on Thursday 13 March from noon to 2pm.

Jo Salter, researcher, Demos
Neil Shadbolt, customer diversity manager, HSBC
Sarah Preston, welfare rights adviser, Macmillan Cancer Assistance
Hugh Robertson, health and safety spokesman, TUC
Neal Southwick, financial support programme lead, Macmillan Cancer Assistance
Paul Elkins was diagnosed with stage 3 Lymphoma in November 2010. He misplaced his job, had issues with rewards and incurred direct and indirect fees as a outcome of his diagnosis
Cynthia Allan was diagnosed with breast cancer in October 2008. She has been unable to return to work following experiencing excessive fatigue and she struggles to pay out her payments

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