The number one cause of bankruptcy in the United States is health care. . A troubling but important statistic from the American Journal of Medicine explains that 42% of cancer patients will lose their entire life savings within the first two years of treatment. The total cost of cancer care in America reached an estimated $183 billion in 2015. Ten years later, that figure is set to rise by 21% to $222 billion. Different cancers require different treatments. The US currently allows Big Pharma and insurance companies to charge and cover what they see fit. CAR T-cell therapy, for example, treats lymphoblastic leukemia but can cost up to $475,000 per patient. Kimmtrak treatment for melanoma could cost $975,520. T-cell lymphoma patients could pay $842,585 for Folotyn treatments. The costs are simply astronomical, as are the profits for Big Pharma.
