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. Author manuscript; available in PMC: 2020 Jul 1.
Published in final edited form as: Pediatr Blood Cancer. 2019 Feb 12;66(7):e27660. doi: 10.1002/pbc.27660

TABLE 1.

Common approaches to conceptualizing financial aspects of cancer care

Terms Definitions References
Financial burden A relatively objective measure of personal financial status, defined as the ratio of total out-of-pocket spending on health-related costs (medical and nonmedical expenses) to total household income 6871
Financial distress A subjective measure of the impact of financial burden on patient well-being; captures the affective experience and reflects the extent of worry, anxiety, or anguish about financial burden, experienced or anticipated 72,73
Financial hardship Difficulty one might experience in attempting to secure financial resources; can be expressed in domains such as finances, health, and food (eg, difficulty paying bills, ongoing financial stress, medication reduction to reduce cost, food insecurity) 1,36
Financial toxicity The adverse economic consequences to patients resulting from treatments and disease; conveys the harmful personal financial burden faced by patients receiving cancer treatment. Implicit is the notion that financial toxicity may be reduced through informed decision making about tests, procedures, and therapies that align with patients’ priorities and financial resources. 24,28,29,31