Using Real-World Data to Explore the Impact of One-Time Financial Grants Among Young Adult Cancer Survivors

J Adolesc Young Adult Oncol. 2023 Dec;12(6):912-917. doi: 10.1089/jayao.2022.0188. Epub 2023 Oct 18.

Abstract

Young adult (YA) cancer survivors experience worse financial outcomes than older survivors. This analysis used data from Expect Miracles Foundation to explore the impact of one-time financial grants on financial well-being and access to health care. Among 300 respondents, the average grant was $1526 (standard deviation = $587; range $300-$3000). Respondents reported improved ability to pay expenses (t = 4.45, p < 0.001), increased financial decision-making power (t = 2.79, p = 0.06), decreased medical debt impact (t = 2.1, p = 0.04), improved transportation access (t = 2.38, p = 0.02), and fewer challenges in accessing care (t = 3.0, p = 0.005) 6 months after receiving a financial grant. Financial assistance offers YAs an opportunity to meet medical and nonmedical expenses.

Keywords: AYA; cancer survivorship; financial assistance; financial toxicity; young adult.

Publication types

  • Research Support, N.I.H., Extramural

MeSH terms

  • Cancer Survivors*
  • Humans
  • Neoplasms*
  • Survivors
  • Young Adult