Cost of Clinical Trials
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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.