US cancer costs double in nearly 20 years

By MIKE STOBBE
ATLANTA — The cost of treating cancer in the United States nearly doubled over the past two decades, but expensive cancer drugs may not be the main reason why, according to a surprising new study.

The study confounds conventional wisdom in several respects. The soaring price of new cancer treatments has received widespread attention, but the researchers conclude that rising costs were mainly driven by the growing number of cancer patients.
The study also finds cancer accounts for only 5 percent of total U.S. medical costs, and that has not changed in the last few decades.
“I will say I’m a bit surprised,” said Dr. Len Lichtenfeld of the American Cancer Society, who said he would have expected the proportion of cancer costs to rise. Read more…



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