How can oncology navigators assist with financial toxicity?

Oncology navigators play a crucial role in mitigating financial toxicity by providing information on financial options, resources, and support programs available to patients. This involves helping patients understand their insurance coverage, identifying financial assistance programs, and guiding them toward resources that can alleviate the burden of healthcare costs.

Financial toxicity refers to the financial distress and burden that patients often experience as a result of cancer treatment costs, which can include medical bills, transportation expenses, and loss of income due to inability to work. Navigators equipped with knowledge of available resources can empower patients to make informed decisions regarding their healthcare and finances.

By connecting patients with support programs—such as nonprofit organizations that provide grants or funds to assist with out-of-pocket expenses—navigators help lessen the economic impact of cancer treatment. They may also facilitate communication between the patient and healthcare providers to ensure that all financial options are explored, further helping to reduce feelings of stress and anxiety related to financial issues. Instead of directly reducing treatment costs or managing transactions, which could lead to complications or limitations on care, navigators focus on equipping patients with the knowledge and support needed to navigate their financial challenges effectively.