Which of the following strategies can assist cancer patients with financial management?

The strategy of utilizing payment plans and nonprofit credit counseling is effective in assisting cancer patients with financial management because it provides structured ways to handle medical expenses and debt. Payment plans allow patients to break down their payments into manageable amounts over time, making it less overwhelming to deal with the financial burden that often accompanies cancer treatment.

Nonprofit credit counseling can offer personalized guidance and resources to help patients understand their financial situation better, develop a budget, and explore options for managing their debts. This support can be invaluable in navigating the complexities of medical bills and ensuring that patients have access to necessary resources without falling into financial hardship.

By focusing on these strategies, patients can gain control over their financial management, enabling them to prioritize their health without the added stress of unmanageable debt or payment issues. This approach promotes not only financial literacy but also emotional well-being during a challenging time.