blog June 26, 2023
Top Three Benefits of Participating in Clinical Trials
If you’ve ever considered participating in a clinical trial, you may have concerns about what it involves and whether it’s the right choice for you. It’s important to consider the possible risks and benefits. By participating in a clinical trial, you’re not only contributing to medical research but also potentially benefiting from an innovation that could improve your physical and mental well-being.
Increased medical attention and monitoring
When individuals participate in a clinical trial, they are under the care of a team of medical professionals dedicated to ensuring their safety and well-being throughout the study. As a result, participants benefit from more frequent and comprehensive medical assessments, including physical examinations, laboratory tests, and imaging.
Moreover, participants in clinical trials undergo close monitoring to identify and address any potential side effects or complications. If adverse effects arise, the medical team is prepared to intervene to provide the necessary care and support. In contrast, such meticulous monitoring and attention are not always available in standard medical practice, where patients may not receive the same level of close observation, and adverse effects could be overlooked or inadequately addressed.
Access to new care options
Participants in clinical trials gain access to novel and cutting-edge innovations that are unavailable to the general public. These investigational treatments are in the process of undergoing comprehensive testing to collect data about their safety and efficacy – such as overall effectiveness and reduction of side effects as compared to their standard-approved counterparts – and clinical trial patients may be among the first to receive their benefits.
Reduced healthcare costs
Through participation in clinical trials, patients receive elevated medical evaluation and access to innovative treatment options at no cost. Additionally, involvement in a clinical trial often includes compensation for time and travel. For individuals who are uninsured or underinsured, these cost savings can be especially valuable, providing expanded care options such as medications and testing that could otherwise be financially draining.
Clinical trial participation compensation aims to alleviate any financial burden for participants during their clinical trial experience, as well as acknowledge the value of their time and provide appropriate reimbursement. Examples of associated costs include, but are not limited to, transportation and parking fees, and potential lost wages due to time required for questionnaires, phone check-ins, study visits, and medical procedures.
Clinical trials hold tremendous value for all participants, however for uninsured or underinsured individuals, participant compensation and access to medical evaluations and innovative treatment options at no cost, may be unmatched in their potential for improved health and quality of life.
If you’re interested in learning more, talk to your doctor or click here to search our current list of available clinical trials.