Cancer treatments are costly. Complicated cases of cancer can cost up to $140,000 per year and the data only gets worse when you look at the state of cancer in the United States. It is estimated and reported by the National Cancer Institute that in 2020 the cost of cancer in the US will reach over $150 Billion dollars and effect over 20 million over the next 15 to 20 years. How can a family cope with these hardships where the out of pocket costs after Insurance can reach over $25,000 per year.
There are two ways that families can attempt to cover these expenses. The first method is my creating a fundraiser for their situation on a crowdfunding site such as www. wish bazaar.com. Crowdfunding which is peer to peer fundraising, enables individuals with needs to reach out to their community at last in a meaningful and organized manner to rally support and financial help for their condition. Setting up a fundraiser is simple and it enables your network to help you the the ways that matter most.
The second way that families can afford a medical condition is by financing their out of pocket expenses via a medical loan. While this might seem like a new idea, there are now several financing companies that are willing to lend funds so that patients can keep up with their medical expenses and avoid bad credit scenarios and bankruptcy.
One of the top causes of bankruptcy in the US is medical debt. Each year thousands of families face an astounding pile of medical bills and are forced into bankruptcy and statistics show that over 60% of total US debt is medically based.
While most of us usually think about breast, lung, liver, skin or prostate cancer there are over 100 types of cancer that exist. Understanding the lifecycle of these types of cancer and the associated treatments, timelines and costs is a big part of society's ability to help ease the pain of those in need by supporting individual medical crowdfunding campaigns.
Setting up a wish or fundraising campaign for a dear one in need is simple, fast and effective. Just follow these steps:
- Collect photos and videos of the person who is experiencing cancer. The pictures and videos help tell a compelling story and bring supporters into the world of the person in need. The more pictures you can collect the more detailed and real your story will become to those that visit the fundraiser.
- Create a compelling title with the name of the Funds Receipt ideally as part of the title.
- Create a detailed story and description that goes over the who, what, why, where and when. While it is hard to talk about cancer and the situation as large. A detailed story brings your supporters into the fold and into your world. It paints a detailed picture so that your community can help deal with your family's pain. Remember people want to help and people want to know what you will do with the money the are donating .
- Share your fundraiser with your community. Posting on Facebook or sending a link to your friends via email is the best way for you to quickly rally support for your medical fundraiser.
- Once your fundraiser is live make sure to post updates one to two times per week. People want to know how the patient is doing and how they can help.