reporter allie kelly

Cancer under 50 can cost $45,000 — and that’s just in the first year of treatment

A GoFundMe for James Van Der Beek’s family highlights a harsh reality of young cancer diagnoses: they can be financially devastating.

“The costs of James’s medical care and the extended fight against cancer have left the family out of funds,” reads the fundraising page.

The effort raised over $1 million in 24 hours following the actor’s death from colorectal cancer on February 11.

Van Der Beek, who was 48, was diagnosed with stage 3 colon cancer in 2023 and publicly announced his diagnosis in late 2024. He is survived by his wife, Kimberly, and their six children. The fundraiser says the money will help pay off Van Der Beek’s care, cover household expenses, and support the kids’ education.

The family’s story underscores the financial struggles for millions of Americans navigating a cancer diagnosis under 50. While it’s hard to face steep healthcare costs at any time, it can be especially challenging during prime earning years. Van Der Beek worked in TV and movies from the 1990s to the early 2020s.

Young cancer patients lose $5,000 in yearly wages

Business Insider heard from dozens of patients as part of a yearlong investigation into young cancer cases. They told us about the credit card debt they incurred from treatment, the skyrocketing cost of health insurance, and the impact of cancer on their working lives long past recovery.

Our newsroom collaboration with health economists at GoodRx found that the average 30-something with a stage 3 colon cancer diagnosis spends $45,000 out of pocket in their first year of treatment. Chemotherapy, prescriptions, insurance premiums, fertility treatments, and unexpected costs like transportation and mobility aids are included in that figure.

Lost wages are too — young patients in their prime earning years typically miss out on thousands of dollars in income.

The GoodRx analysis of data in the national Medical Expenditure Panel Survey found that the average cancer patient ages 18 to 44 loses $5,104 in annual wages and 26 days of work due to illness. This is markedly more than older patients outside their prime working window: Patients ages 45 to 64 lose $2,903 in wages and 18 days of work.

These numbers are averages, and a particular patient’s wage losses and costs may vary depending on their age, job, treatment plan, and location. But it highlights a truth for young adults like Van Der Beek: Bills for cancer care can hit at a time when people are financially vulnerable or facing income instability.

Financial challenges can also be compounded by career setbacks. Young cancer patients told Business Insider they struggled to balance their workload with constant medical appointments and worried about losing out on promotions. Some had to quit their jobs, while others couldn’t afford to give up their employer-sponsored health insurance. Medical debt is among the top causes of bankruptcy in the US, and is more frequently reported by millennials than any other generation.

What’s harder to capture in data is the emotional toll young cancer has on patients, especially those who consider their careers to be part of their identities.

As Van Der Beek told Business Insider last year: “All these beautiful things that I love, and I used to define myself as — a father, a provider, a husband — all that got taken away, or at least paused. I had to sit there and say, ‘Well, what am I?’ And it was, ‘I’m still worthy of love.'”




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Jerome Powell is getting the meme treatment after his video rebuke to Trump

  • Fed Chair Jerome Powell is facing a DOJ investigation over office renovations.
  • Powell’s video response sparked a wave of meme-filled jokes online.
  • President Donald Trump has repeatedly targeted the Fed’s independence.

The internet has a surprising new muse: Federal Reserve Chair Jerome Powell.

Powell is famously mild-mannered. About four times a year, he emerges from meetings with Federal Reserve governors and regional bank presidents to hold press conferences on their analysis of jobs data, inflation reports, and subsequent interest rate projections (the infamous “dot plot”).

Not exactly typical fodder for going viral. But on Monday, after Powell released a video saying he’d been subpoenaed by the Justice Department as part of a pressure campaign, he started getting the meme treatment.

“I have deep respect for the rule of law and for accountability in our democracy,” Powell said in Sunday’s two-minute video. “But this unprecedented action should be seen in the broader context of the administration’s threats and ongoing pressure.”

Social media thought it was a banger.

Here are some of the notable reactions so far:

President Donald Trump has called on Powell, whose term doesn’t end until May 2026, to lower interest rates more quickly. Powell has refused and insisted on the Fed’s independence. Trump has also repeatedly threatened to fire Powell.

The president denied any involvement in the DOJ investigation in an interview with NBC on Monday. “I don’t know anything about it, but he’s certainly not very good at the Fed, and he’s not very good at building buildings,” Trump said.




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