Six in Ten Americans Are Concerned They Could Not Afford Cancer Treatment

Three quarters say cancer treatment would have a catastrophic impact on their finances.

The author(s)

  • Nicolas Boyon Senior Vice President, US, Public Affairs
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Washington, DC, September 25, 2018 – A new Ipsos survey of 2,012 U.S adults, conducted August 20-22 for McKesson, highlights how much Americans’ worries about cancer are finance-related. When considering the possibility of being diagnosed with cancer:

  • 75% are concerned it would have a catastrophic impact on their finances
  • 62% are concerned they would not be able to afford treatment
  • 49% are concerned they would not be able to receive quality treatment
  • More cite its cost (42%) than another other reason for possibly forgoing treatment

When asked about the biggest barriers to receiving quality cancer care, 46% cite the cost of treatment being too high and 32% insurance coverage of treatment being insufficient. Indeed, only 13% think their health insurance would pay for all the treatment and 35% for most of it, whereas 42% expect it would pay for only of some it, 3% for none of it, and 7% say they don’t have health insurance.

While nearly half of those surveyed mention dying (30%) or suffering/enduring pain (17%) as their #1 worry if they were diagnosed with cancer, nearly as many single out a financial-related concern: being a burden to family members (23%), the cost of treatment (17%), or being unable to work (4%).

In the event they’d needed to take time off from work, employed Americans are more likely to have access to family support (42%) than to employer-sponsored disability insurance (38%), sufficient savings (28%), personal life/disability insurance (26%) or long-term disability insurance/government assistance (22%). However, one in five (20%) say they have none of these financial resources.

When it comes to choosing a cancer provider or treatment, the cost of treatment and insurance coverage is rated as extremely or very important by 77%, closely followed by access to latest technologies/novel therapies/clinical trials (75%) and personal interaction and support from staff and providers (74%). Other factors note as widely rated as extremely or very important are, in order: being a well-known facility (60%), proximity to home (53%), word of mouth/recommendation from family or friends (40%), prior experience (35%) and proximity to workplace (27% among those employed).

Other findings:

  • 48% of Americans are worried about being diagnosed with cancer (14% very, 33% somewhat) while 48% are not (24% not very, 14% not at all) and 4% don’t know
  • 72% are confident they would be able to receive quality cancer care if diagnosed with cancer (27% very, 45% somewhat) while 21% are not (14% not very, 7% not at all) and 7% don’t know
  • 76% say there has been progress in curing cancer in the past decade – a great deal for 17%, a fair amount for 29% and some for 30%
  • 61% say it is very or somewhat likely that there will be a cure for cancer within 50 years while 27% say it is very or somewhat unlikely and 12% don’t know
  • 60% of Americans would consider using a DNA/genetic test to assess their risk for cancer (24% definitely, 36% probably) vs. 27% who would not (21% probably not, 6% definitely not) and 13% not sure
  • The reasons most cited by those who would not consider DNA/genetic testing are not wanting to know the diagnosis or not knowing enough about DNA/genetic testing
  • 44% would trust artificial intelligence technology to diagnose them or recommend a course of cancer treatment (9% definitely, 35% probably) vs. 35% who would not (26% probably not, 9% definitely not) and 21% not sure

About this Study

These are findings from an Ipsos poll conducted August 20-22, 2018, on behalf of McKesson Corporation. For the survey, a sample of 2,012 adults 18+ from the continental U.S., Alaska and Hawaii were interviewed online in English.

The sample for this study was randomly drawn from Ipsos’ online panel (see link below for more info on “Access Panels and Recruitment”), partner online panel sources, and “river” sampling (see link below for more info on the Ipsos “Ampario Overview” sample method) and does not rely on a population frame in the traditional sense. Ipsos uses fixed sample targets, unique to each study, in drawing a sample. After a sample has been obtained from the Ipsos panel, Ipsos calibrates respondent characteristics to be representative of the U.S. Population using standard procedures such as raking-ratio adjustments. The source of these population targets is U.S. Census 2013 American Community Survey data. The sample drawn for this study reflects fixed sample targets on demographics. Post-hoc weights were made to the population characteristics on gender, age, race/ethnicity, region, and education.

Statistical margins of error are not applicable to online polls. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error and measurement error. Where figures do not sum to 100, this is due to the effects of rounding. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll has a credibility interval of plus or minus 2.5 percentage points for all respondents. Ipsos calculates a design effect (DEFF) for each study based on the variation of the weights, following the formula of Kish (1965). This study had a credibility interval adjusted for design effect of the following (n=2,009, DEFF=1.5, adjusted Confidence Interval=+/-4 percentage points).

For more information about conducting research intended for public release or Ipsos’ online polling methodology, please visit our Public Opinion Polling and Communication page where you can  download our brochure, see our public release protocol, or contact us.

For more information on this news release, please contact:

Nicolas Boyon
Senior Vice President, U.S.
Ipsos Public Affairs
+1 646-309-4879
nicolas.boyon@ipsos.com

Thomas Patino
Research Analyst, U.S.
Ipsos Public Affairs
+1 202 831-5362
thomas.patino@ipsos.com

About Ipsos Public Affairs

Ipsos Public Affairs is a non-partisan, objective, survey-based research practice made up of seasoned professionals. We conduct strategic research initiatives for a diverse number of American and international organizations, based not only on public opinion research, but elite stakeholder, corporate, and media opinion research.

Ipsos has media partnerships with the most prestigious news organizations around the world. Through our media partnerships, Ipsos Public Affairs is a leading source of intelligent information for businesses and professionals in the U.S., Canada, the UK, and internationally. Ipsos Public Affairs is a member of the Ipsos Group, a leading global survey-based market research company. We provide boutique-style customer service and work closely with our clients, while also undertaking global research.

About Ipsos

Ipsos is an independent market research company controlled and managed by research professionals. Founded in France in 1975, Ipsos has grown into a worldwide research group with a strong presence in all key markets. Ipsos ranks fourth in the global research industry.
With offices in 88 countries, Ipsos delivers insightful expertise across five research specializations: brand, advertising and media; customer loyalty; marketing; public affairs research; and survey management.
Ipsos researchers assess market potential and interpret market trends. They develop and build brands. They help clients build long-term relationships with their customers. They test advertising and study audience responses to various media and they measure public opinion around the globe.

Ipsos has been listed on the Paris Stock Exchange since 1999 and generated global revenues of €1,782.7 million in 2016.

The author(s)

  • Nicolas Boyon Senior Vice President, US, Public Affairs

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