Meet a Metro Detroit-area family of five. Dad has Bachelor’s degree, works full-time; Mom has Master’s degree and worked full-time until she was diagnosed with metastatic breast cancer. They are homeowners and have three children ages 9, 8 and 5. Mom was diagnosed with breast cancer in 2015, and had a reoccurrence in 2019 when she was diagnosed with stage IV breast cancer and secondary bone cancer.
Mom’s cancer diagnosis resulted in over $19,000 in medical expenses for the year…and that wasn’t even the worst of it. The family also lost $43,000 in household income due to Dad’s lost income and Mom moving from full-time to part-time employment. These losses slashed the household budget 50% — from $124,000 a year to $62,000 a year.
New Day was proud to help this family navigate the unexpected financial challenges a cancer diagnosis can bring. Click the link below to learn more about this story.
This Metro Detroit area single dad has three children, ages 5, 7 and 14. He has an Associates degree, works full-time and is a homeowner with a mortgage. In August 2019 he was diagnosed with Stage 3, nasopharyngeal cancer. He began treatment in September 2019 and is scheduled to continue treatment until at least mid-2020. Dad’s diagnosis required medical attention and treatment that included chemotherapy, radiation and surgery. Cancer treatment and related out-of-pocket expenses reached $8,295 in 2019.
Dad earned a full-time salary of $52,000, but cancer meant that he had to reduce his work schedule resulting in a loss of income of $17,680 on top of the additional medical expenses. He also pays $600 per month is child support — which does not get put on hold due to illness. This father was not able to pay child support and his household bills as a result.
New Day was proud to step in and assist this single parent in managing the financial burden of cancer. Click the link below to learn more about this story.