Huge Rise in Crowdfunding Campaigns to Pay For New Cancer Treatments

Rise in Crowdfunding Campaigns to Pay For Cancer Treatments

Cancer puts a massive emotional impact on patients. New research discovers the financial expenses are also extremely high that many people are turning to medical crowdfunding to pay their medical expenses and associated costs.

According to doctors’ concerns, a huge number of cancer patients raising funds for their cancer treatments found no other substitute instead of using a crowdfunding app like Ketto. We encourage people to set up a medical crowdfunding campaign for raising money to pay for the medications needed for the treatment.

How Medical Crowdfunding Campaigns Help in Cancer Treatments

Earlier, it has been found that cancer patients, who are not insured properly, may need to sell their weather or go bankrupted for paying for medical expenses of these treatments. Crowdfunding for medical treatment has been used for supporting cancer care requirements and these incorporate the financial impact of insurance as well.

Enhanced access to cancer treatments, costly top-notch treatments, and advanced technologies are the factors behind the increasing expenses of cancer treatment. Because of this ailment, people also compete against financial requirements. For instance, medical travel expenses were a big issue for some individuals. Although the regionalization of cancer care is enhancing cancer results, it increases patients’ financial burden at the same time.

Patients’ financial burden regarding healthcare needs more assistance and attention. Moreover, providing medical data by patients and third parties on the unreliable crowdfunding websites increases serious privacy, ethical, and fraud concerns.

How Ketto Assists In Fundraising for Medical Treatment

Some crowdfunding websites charge a flat rate, generally a 50-50 split between the websites’ operating expenses and credit card costs. Others take a fixed percentage, which can range from 5% to 15%, from every donation. Every site charging an excessive rate for crowdfunding in India must be a red flag.

Ketto, one of the best crowdfunding platforms, charges a nominal fee. Our medical category, especially oncology care has helped many. The benefit of using Ketto, as opposed to a more conventional way of fundraising, is that it cuts off the obstacles and makes the fundraising procedure simpler for both the organizer and the donor.

Not Everybody Is The Winner!

Nevertheless, medical crowdfunding is not as easy as only creating a donation page. After all, not every family is capable of raising lakhs of rupees. It’s all about how properly you market your campaign. You need to display an image of the patient and a video for making it as genuine as possible. And after setting up the page, if you don’t have a lot of friends and family members getting it out there, nobody sees it.

We all must be ready for a big illness as crowdfunding cannot help all Indians. Also, abstain from fraud crowdfunding websites. At Ketto, maximum crowdfunding appeals are related to health, and of that, a huge part is for some cancer treatments. We face lots of appeals for monetary help for cancer therapies, particularly pediatric cancer. Generally, these campaigns get completely funded.

Doctors also have been turning patients in requirement of fundraising sites and donors can verify the requests through the contact information made accessible on the website. Thanks to our crowdfunding platform, more people than ever are surviving cancer. With Ketto’s fundraising campaign, you don’t need to handle financial burden while ill. Also, patients don’t have to tackle lots of anxiety when they need to concentrate on fighting cancer.