STAMFORD, Conn., Jan. 25, 2019 /PRNewswire/ -- Fifth Season Financial, a specialty lender providing solutions to alleviate the financial strain associated with serious illness, is recognizing National Cancer Prevention Month this February by teaming up with Dr. Jack Goldberg, former Chief of Hematology and Medical Oncology at Penn Presbyterian Medical Center, to offer consumers key insights. Dr. Goldberg provides guidance on ways to reduce the risk of developing cancer and the financial toxicity that too often follows a diagnosis.
The American Association for Cancer Research found in a recent progress report that 4 out of 10 cancer cases diagnosed in the U.S. and nearly half of all deaths from cancer were caused by potentially avoidable risk factors including tobacco use, alcohol intake, excess body weight, poor diet and physical inactivity.
"Processed foods and alcohol, combined with the absence of healthy foods and exercise, is a recipe for disaster," said Dr. Goldberg, Fifth Season's lead medical underwriter. "This diet is, unfortunately, all too common among Americans today and increases cancer risk as well as degenerative and inflammatory conditions. Add smoking into the mix and you have the perfect storm to encourage the development and progression of cancer."
Continuing to engage in unhealthy behaviors after diagnosis has, in certain cases, been shown to worsen a patient's outcome. Modifying or eliminating major risk factors, on the other hand, can have the opposite effect.
Dr. Goldberg continued, "Maintaining a good fitness level, combined with cancer-fighting foods, allows you to build up your immune system, reduce inflammation and keep cancer cells from getting a head start." Regular screenings are also important for early detection and treatment.
For those who have received a cancer diagnosis and may be struggling financially, there are resources available to help prevent the burden of financial toxicity.
"It's important for patients with cancer to direct all their attention to getting better – the last thing they should be worried about are financial concerns," said Dr. Goldberg. "The stress of battling financial pressures while focused on one's physical health can be overwhelming and may worsens a patient's resistance and immunity and, as a result, shorten their survival. Seek the help you need as early as possible."
Fifth Season Financial's Funds for Living and Giving (FLAG) program allows an individual to access a portion of the face value of their life insurance policy (as opposed to the cash surrender value) at a time when they need funds most. Throughout the process, the individual's policy is kept in place and, ultimately, the advance is repaid using the proceeds of the policy and any remaining funds are given to the family. The concept is to provide access to funds when they are needed (funds for living) but to maintain a portion of the policy for the surviving family (funds for giving).
Fifth Season Financial is located at 2777 Summer Street, Suite 304 in Stamford, CT. They can be reached at (866) 459-1271 or by visiting www.fifthseasonfinancial.com. For the latest news and updates, follow @5SeasonFin on Facebook and @fifth-season-financial-assistance on LinkedIn.
About Fifth Season Financial
Since 2007, Fifth Season Financial has offered a solution to combat the financial strain caused by serious illness. The firm's Funds for Living and Giving program utilizes an often-overlooked asset for people with advanced stage illnesses – their life insurance policy. Fifth Season has provided over $190 million in financial assistance to more than 500 patients across the United States. Clients are able to secure immediate cash advances with no restrictions and leave funds for their beneficiaries later. For more information, visit www.fifthseasonfinancial.com.
SOURCE Fifth Season Financial