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Cancer Treatment Cost Calculator

Estimate the total financial impact of cancer treatment on your savings, including out-of-pocket medical costs, insurance coverage, lost income, and the long-term effect on your retirement.

Cancer & Treatment Details

Cancer Type

Select the cancer type to contextualize cost estimates and insights.

Treatment Costs (Total Estimated)

Insurance Coverage

Insurance Type

Medicare, private employer/marketplace insurance, or uninsured.

Additional Costs During Treatment

Your Retirement Savings

100Score
StrongRetirement readiness

Financial Resilience Score

Your retirement savings can absorb these treatment costs with proper planning. Insurance coverage and savings provide a solid financial cushion.

Total Out-of-Pocket

$89,700

Retirement Impact

$30,656

RiskReviewStrong

Total Treatment Cost

$114,000

gross medical costs

Insurance Covers

$106,000

93% of treatment

Your Total Cost

$89,700

all out-of-pocket expenses

Monthly Cost (Avg)

$5,267

during treatment

Insurance Coverage vs. Out-of-Pocket

How treatment costs are split between your insurer and you

Total

$169,200

Insurance Pays

63%

$106,000/yr

Out-of-Pocket Medical

5%

$8,000/yr

Lost Income

21%

$36,000/yr

Other Costs

11%

$19,200/yr

Retirement Savings: With vs. Without Treatment Costs

Long-term impact of cancer treatment on your retirement trajectory

Cost Breakdown by Category

Where your cancer treatment dollars go

Total

$194,500

Surgery

18%

$35,000/yr

Chemotherapy

25%

$48,000/yr

Radiation

13%

$25,000/yr

Prescriptions

3%

$6,000/yr

Lost Income

19%

$36,000/yr

Travel & Lodging

3%

$6,000/yr

Home Care

5%

$9,600/yr

Mental Health

1%

$2,400/yr

Follow-Up Care

14%

$26,500/yr

Monthly Out-of-Pocket Costs During Treatment

Month-by-month cost projection through your treatment plan

Month-by-Month Breakdown

Detailed projection of treatment costs and cumulative out-of-pocket spending

MonthTreatment CostInsurance PaysYour Medical CostLost IncomeOther CostsCumulative Total
1$26,000$16,000$6,000$3,000$1,600$10,600
6$10,750$10,750$0$3,000$1,600$35,600
11$4,500$4,500$0$3,000$1,600$58,600
12$4,500$4,500$0$3,000$1,600$63,200

Personalized Insights

Actionable recommendations based on your numbers

9 insights3 priority
Watch#1

Total estimated cancer cost: $89,700

Over 12 months of treatment plus 5 years of follow-up care, your total out-of-pocket cost includes $8,000 in medical expenses, $36,000 in lost income, and $19,200 in other costs. The American Cancer Society reports that cancer patients pay an average of $21,000 per year in out-of-pocket costs.

Positive#2

Medicare covers 93% of treatment costs

Your insurance pays an estimated $106,000 of $114,000 in total treatment costs. Your annual out-of-pocket maximum of $8,000 caps your yearly medical spending, but non-medical costs like travel, home care, and lost income are not covered.

Watch#3

Cancer treatment reduces retirement savings by $30,656

Reduced contributions and treatment-related withdrawals during treatment compound over time. This translates to $102 less per month in retirement income using the 4% withdrawal rule.

Note#4

Peak monthly cost reaches $10,600

Your highest monthly expense occurs during active treatment when surgery, chemotherapy, and other costs overlap. Build an emergency fund or arrange a line of credit to cover these peak months. Many oncology practices offer payment plans for large balances.

Note#5

Financial assistance programs can significantly reduce costs

Explore these resources: CancerCare (copay assistance), Patient Advocate Foundation (insurance appeals), NeedyMeds (prescription assistance), and pharmaceutical manufacturer patient assistance programs. Many provide free medications or copay cards. Social workers at cancer centers can help identify programs you qualify for.

Watch#6

Lost income adds $36,000 to treatment burden

Income loss during treatment is often the largest non-medical cost. Explore short-term disability insurance, FMLA protections, employer sick leave banks, and Social Security Disability Insurance (SSDI) if treatment exceeds 12 months. Some states offer paid family leave programs.

Note#7

Follow-up care adds $26,500 over 5 years

Post-treatment monitoring includes regular imaging scans, blood work, oncologist visits, and ongoing prescriptions. These costs extend well beyond active treatment. Budget for continued medical expenses and maintain comprehensive health insurance throughout the follow-up period.

Note#8

Maximize your Medicare cancer coverage

Medicare Part B covers 80% of outpatient cancer treatment. Consider a Medigap supplemental policy to cover the remaining 20% coinsurance. Medicare Part D covers oral cancer drugs but may have high copays in the coverage gap. Low-Income Subsidy (Extra Help) can reduce Part D costs. Medicare has no out-of-pocket maximum without supplemental coverage.

Positive#9

Investing in mental health supports better outcomes

Research shows that addressing anxiety and depression during cancer treatment improves treatment adherence and outcomes. Your investment in counseling and mental health support is well-placed. Many cancer centers offer free support groups and social work services that can supplement paid counseling.