The Blue Fund provides limited short-term financial assistance to prostate cancer patients during active treatment to ease financial stress so men can focus on healing.
We know from recent studies that the financial stress resulting from the high costs of cancer treatments and loss or reduction of income are nearly as deadly as the cancer itself. Nearly 3 percent of cancer patients go bankrupt, and cancer patients who go bankrupt are 80 percent more likely to die. Prostate cancer patients in particular are two times more likely to die if they’ve filed for bankruptcy. A prostate cancer diagnosis on its own evokes stress and worry, not just for the man diagnosed, but his family as well. When the family is facing financial turmoil, it intensifies stress and can have a negative impact on his survival. The Blue Fund was created to help ease some of that financial burden so men can focus first and foremost on healing.
Financial assistance is available to qualified men undergoing active treatment for prostate cancer, providing up to $1,000 per month for up to three months, based on available funds and need. Men must be able to demonstrate need, based upon Federal poverty guidelines, debt to income ratio and/or recent hardship.
To be considered, submitted bills must be able to be paid in full at the time of submission. Among the types of debts that will be considered are utility bills, mortgage or rent payments, car or car insurance payments, license plate renewal, health insurance premiums, prescription co-pays and phone cards to ensure regular communication with physicians.
GUIDELINES TO APPLY
- Applications due by the 17th of each month. Funds will be dispersed by the 27th, if approved.
- Financial assistance available for qualified men that live in Michigan undergoing active treatment of prostate cancer. Does not include active surveillance.
- Amount of assistance given on short term basis (up to 3 months) with a financial cap of $1,000 per month per patient based on acceptance into program, available program funds and need.
- Includes possible direct bill payment of utility bills, mortgage or rent, car or car insurance payment, license plate tabs, health insurance premiums, prescription co-pays, phone cards to keep in contact with doctors may be considered.
- Bill must be able to be paid in full to be considered. No partial payments will be made. Bills in the process of collection will not be considered.
- The Blue Fund is not an emergency fund and cannot provide immediate assistance.
- Funding will be based on discretionary guidelines as determined by MIU Men’s Health Foundation and fund availability.
- No funds can be paid to Michigan Institute of Urology, P.C.
- No one associated with the Foundation is eligible for the benefit.
- The Blue Fund does not discriminate on the basis of race, religion, age, national origin, marital status, disability, or sexual orientation.