Economic burden of cancer

The economic burden of cancer refers to the financial impact that cancer has on individuals, families, and society as a whole. This includes direct costs like medical expenses for treatments, hospital stays, and medications, as well as indirect costs such as lost productivity when patients cannot work. Additionally, the burden affects healthcare systems and insurance, leading to higher premiums and public spending. Overall, the costs can be staggering, affecting not just those diagnosed, but also their loved ones and the economy at large, highlighting the need for effective prevention and treatment strategies.