Financial Navigation

Financial distress and toxicity are ongoing issues for patients with cancer, Dan Sherman, MA, LPC, Founder/President, The NaVectis Group, Caledonia, MI, explained in his presentation about the importance of financial navigation at the 2015 Association of Oncology Social Work 31st Annual Conference in Seattle, WA. The top concern of patients with cancer is no longer a fear of dying, but fear of the financial obligations. “Forty-two percent of insured cancer patients express a significant or catastrophic financial burden…. That’s almost 50% of the oncology population saying this is catastrophic,” he said.
Mr Landay discussed strategies for patients with cancer to take control of their financial and legal issues, preparing for the “what ifs” while expecting the best.
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