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Today in Focus

The hidden cost of cancer

Today in Focus

The Guardian

Daily News, News

4.5778 Ratings

🗓️ 16 October 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Getting ill shouldn’t be expensive. But for many patients, being diagnosed with cancer can be a financial catastrophe. Hilary Osborne looks at why. Help support our independent journalism at theguardian.com/infocus

Transcript

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0:00.0

This is the Guardian.

0:11.2

Today, how much could cancer cost you financially?

0:27.4

As the Guardian's money and consumer editor,

0:29.8

Hillary Osborne has written expert advice for more than two decades.

0:34.5

Whether it's about managing your household budget,

0:37.8

fighting for consumer rights, or simply helping readers understand

0:41.7

how the economy directly affects their wallet.

0:45.0

It's fair to say, Hillary knows a thing or two about making good financial decisions.

0:50.8

But when she was diagnosed with breast cancer last year,

0:54.5

she thought money would be the last thing on her mind.

0:59.8

You think I'm just going to be sitting at home being ill all the time

1:03.1

and you don't realise that actually even that has got to cost.

1:07.3

Breast cancer is the most common in the UK,

1:10.3

with over 50,000 new cases every year.

1:13.6

And Hillary quickly discovered the illness wasn't just stealing the health of those tens of

1:18.2

thousands of women. It was cruelly robbing them of financial security as well.

1:23.5

My big concern was my income and whether it was going to continue.

1:29.3

There's so many things that you have to buy that you don't realise

1:32.5

when you first get a diagnosis and it does come as a real shock when you realise that

1:37.5

the money's going down every month. So that really did make me panic.

1:44.9

Research from the cancer charity Macmillan shows that four in five people are, on average,

1:51.2

£570 a month worse off as a result of a cancer diagnosis.

...

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