Cost of Clinical Trials
Clinical trials are typically sponsored by pharmaceutical companies or the federal government. These sponsors pay for the cost of the experimental aspects of your treatment, as well as “extra-care costs” such as additional tests required as part of clinical-trial participation.
“Usual-care costs,” such as doctor visits, hospital stays, clinical laboratory tests, X-rays, etc., are often covered by private insurance or Medicare. Medicare recently expanded its coverage of treatment trials that meet specific guidelines. Before taking part in a clinical trial, ask your doctor and research team about the costs involved, and have them communicate directly with your insurance company.