While ovarian cancer only accounts for about 3% of overall cancer diagnoses in women, it does carry the highest fatality rate of all the female reproductive cancers.
With rising costs for ovarian cancer treatment comes more financial hardship for patients who are struggling to pay for care. According to one study, 40% of patients reported draining their savings in order to afford necessary cancer care.
Ovarian cancer doesn’t have to be a financial burden. We at American Life Fund work regularly with ovarian cancer patients to help them financially, which is why we put together this comprehensive list of financial assistance and free money for cancer patients.
Here are 6 of the best resources for ovarian cancer patients to get free money and financial assistance.
Financial Assistance For Ovarian Cancer Patients Type #1: Your Life Insurance Policy pays YOU (through a Viatical Settlement)
Anyone struggling with a severe medical condition knows that health insurance doesn’t cover all costs. In the United States, even with government programs such as Medicare and Medicaid, you may still face significant out-of-pocket expenses.
However, what most people don’t know is that a life insurance policy is considered an asset that you own, meaning insurance policy holders can sell their life insurance for a lump-sum cash payment, also known as a viatical settlement.
With a viatical settlement, the funds are tax-free and non-regulated, meaning YOU decide how they are spent.
Not only can you pay towards your medical expenses, but also towards the cost of living expenses, or even a luxurious vacation with your loved ones. As the settlement holder, the freedom and the choice is uniquely yours!
In some cases, individuals can receive 70% of their life insurance policy in as little as 2 weeks with a viatical settlement!
How it works: Unlike life settlements, viatical settlements are designed for life insurance policyholders with life-threatening illnesses, reduced life expectancies, or chronic health issues.
Ovarian cancer patients with life insurance policies can enter agreements with third-party buyers to sell their life insurance policy in return for a lump-sum payment (more than the cash value of the life insurance policy, but less than the death benefit).
The life settlement company takes over by paying the monthly insurance policy premiums, and receives the death benefit after the seller’s passing.
If you’re considering selling your life insurance policy, American Life Fund is here to help. For us, the most important thing is alleviating the financial burden associated with ovarian cancer care, reducing stress, and enabling you to spend more time on the things that matter.
Through our hassle-free application process, American Life Fund will help you get an immediate cash offer for your insurance policy.
Financial Assistance For Ovarian Cancer Patients Type #2: Ovarian Cancer-Specific Financial Grants
There are a multitude of organizations that offer free money to ovarian cancer patients. This type of financial assistance is also known as an ovarian cancer-specific financial grant.
While some grants are generalized and open to applicants with all cancer types, others are specific to ovarian cancer. The best place to search for financial grants you may qualify for is online and through your local nonprofit organizations.
When looking online, try searching for “ovarian cancer financial grants”, as well as the more general but still applicable “cancer financial grants”. The best part about cancer financial grants is that they are free money, and don’t come with strings attached.
Although it can be time-consuming to locate grants, the time invested can pay for itself. When it comes to financial grants, the most challenging part is locating an organization that still has funding available. Don’t be discouraged–remember, persistence is key and resources are out there.
The following are organizations that help cancer patients financially offer financial assistance in the form of grants to ovarian cancer patients in need:
- Ovarcare Patient Assistance Program
- PAN Foundation Ovarian Cancer Fund
- Here4You Financial Assistance Program (available to patients in the Oregon and Southwest Washington areas only)
- American Cancer Society Fund
- National Cancer Assistance Foundation Fund (patients in the following states are not eligible: AR, IA, MI, OR)
Also check out these great resources:
- Cancer Financial Assistance Coalition (this is a tool that connects cancer patients with financial assistance resources, based on geographic location and diagnosis)
- Triage Cancer and Needymeds (these organizations maintain a long running list of financial assistance resources for cancer patients)
Financial Assistance For Ovarian Cancer Patients Type #3: Utility Assistance
When juggling finances to pay for cancer care, every little bit helps.
Utility assistance is payment provided to help cover the cost of utilities within a home, including payment for home energy costs, bills, and any necessary energy repairs.
Utility assistance helps ovarian cancer patients by taking some of the financial burden off of your shoulders, and allowing you the ability to focus more on investing in your treatment.
Programs such as the LIHEAP (Low Income Energy Assistance Program) offer utility assistance to low-income households, as well as to those experiencing crises. The contact information for this resource differs from state to state, so be sure to check the website.
Additionally, GYNCA GYN Cancers Alliance provides emergency financial assistance for rent, utilities, and home repairs, and Cleaning for a Reason offers 2 free home cleanings to ovarian cancer patients.
You can also call “211” to locate additional local utility assistance programs for ovarian cancer patients in need.
Financial Assistance For Ovarian Cancer Patients Type #4: Prescription Assistance
With the cost of cancer medications rising, many patients feel concerned about how to afford treatment.
Thankfully, programs like PPA (Partnerships for Prescription Assistance) and Rx Outreach can help by providing free money for cancer patients, in the form of free or reduced cost prescriptions.
Their easy to use online websites provide a list of multiple prescription assistance programs that you may qualify for as an ovarian cancer patient.
Another resource offering financial assistance for ovarian cancer patients is Needy Meds. Needy Meds offers a free Drug Discount Card, which provides savings of up to 80% on prescription medications.
If a medication is not covered by your insurance, or if your insurance has a high deductible, fear not–you can use your Drug Discount Card to help pay for prescriptions.
Also, the Medicine Assistance Tool can help ovarian cancer patients to locate additional resources for prescription assistance.
Financial Assistance For Ovarian Cancer Patients Type #5: Gift Certificates, Gas Cards, and More
When dealing with ovarian cancer, the last thing you should have to worry about is the price of gas; however, as trips to alternative cancer treatment centers increase, so does the cost of transportation. Gas can be EXPENSIVE (especially if you live somewhere like California)– so why pay for it if you don’t have to? Check those organizations providing free gas cards for cancer patients and free government grants for cancer patients.
Tenaciously Teal is a great organization that helps ovarian cancer patients by providing gift cards for both gas and groceries. Additionally, NeedyMeds and Mercy Medical Angels offer financial assistance for medical transportation and necessary travel expenses.
Sharsheret offers financial subsidies to cover the cost of beautification services for women struggling with body image due to ovarian cancer. These funds can be used for wigs, micropigmentation tattooing, yoga, etc.
Financial Assistance For Ovarian Cancer Patients Type #6: Fundraising
One of the quickest, easiest ways to supplement financial assistance for ovarian cancer patients is fundraising. With a little upfront investment of your time and a good social network, fundraising can be an effective tool for harnessing financial funds.
Online fundraising platforms such as GoFundMe, allow you to post your need/cause and share that need/cause with others. However, the downside is that you only receive a portion of the funds raised.
A second method of fundraising worth considering–and from which you’ll get to keep all profits– is known as a personal fundraiser. With this type– you, your friends, and your family raise funds by offering something to the community, such as a bake sale or car wash, for example. Feel free to check out MedGift Advocacy Services for a whole list of fundraising ideas.
Don’t be afraid to seek a higher quality of life. You deserve it, no matter what your financial situation is. To learn more about how we help ovarian cancer patients financially, contact us at American Life Fund today!
What Ovarian Cancer Patients Can Expect Financially
An ovarian cancer diagnosis is never easy, especially when that diagnosis turns into a financial burden.
In order to try to avoid financial distress, it is important to understand the costs associated with treating ovarian cancer.
When battling with ovarian cancer, some of your largest expenses are likely to come from the following: doctor visits, treatment, medication, and transportation/travel.
Doctor Visit Costs: If you’re insured, you’ll likely only have to pay a copay per visit to your doctor; the copay is usually a small fraction of the total overall cost for the visit. If you’re uninsured, you’ll pay more.
Treatment Costs: The primary method of treatment for patients with ovarian cancer is surgery to remove the cancerous tissue; if the cancer has progressed further, additional surgery may be needed to remove the ovaries, along with any other affected reproductive organs and lymph nodes. Chemotherapy is also commonly used for treatment in all stages of ovarian cancer. For this reason, the extent of your treatment will have a direct impact on the financial costs incurred–in other words, the more treatment needed, the more it is likely to cost you.
Medication Costs: While being treated for ovarian cancer, there are certain medications you’ll need to take. Also, if you’re actively undergoing chemotherapy, that’s another crucial cost you’ll need to consider when opting for financial assistance for treatment.
Transportation/Travel Costs: If you’re being treated for ovarian cancer at a facility that is not near your home, you’ll be met with the added financial stress of paying for gas and/or the costs of public transportation to get to and from your appointments.
Sounds like a lot? The good news is, help is always available–and you deserve it, no matter what your financial situation is. To learn more about how we help ovarian cancer patients financially, contact us at American Life Fund today!
Frequently Asked Questions about Financial Assistance for Ovarian Cancer Patients
What benefits are ovarian cancer patients entitled to?
If you are an American citizen struggling with ovarian cancer, you may qualify for Social Security Disability Benefits. The more aggressive the cancer, the more qualified you are likely to be.
Can you get financial help if you have ovarian cancer?
Yes, it exists financial help for cancer patients. You can get everything from help with prescriptions, lower utility bills, free wigs, grants, viatical settlements and much, much more.
How can I get money for ovarian cancer treatment?
Grants, crowdfunding, and disability benefits are some other ways you can get money for ovarian cancer treatment. Additionally, viatical or life settlements (where you sell your life insurance policy for a lump sum of cash), can be a great option to get money for ovarian cancer treatment.
Does stage 4 ovarian cancer qualify for disability?
Stage 4 ovarian cancer patients typically will be approved for Social Security Disability benefits. If you have stage 4 ovarian cancer, there is also a good chance you will qualify for a viatical settlement.