Stephen recently met with Macmillan Cancer Support to discuss their new report on the financial impact of cancer entitled ‘Cancer - A Costly Diagnosis?’
The report focuses on people’s individual experiences of the financial impact of cancer and highlights three particular policy areas; the implementation of Universal Credit, the support banks and building societies give people living with cancer and the cost of travel insurance.
The financial impact of cancer can move someone from a position of relative security to one of financial distress within a short space of time and people living with cancer are still not getting the right support they need from the government and from financial service providers.
To help with the financial impact of cancer Macmillan are asking the Government to introduce the legal requirement of a duty of care to ensure all financial services providers act in the best interests of their customers. The Treasury Select Committee have backed these calls in their recent report looking the support our financial institutions are giving vulnerable people.
Speaking after the launch, Stephen said “I will continue to work with Macmillan Cancer Support on their campaign to ensure people living with cancer get the right support and I would welcome hearing more constituents living with cancer on the impact their diagnosis has had on them.”