Finally, a bit of news that reminds us hedge fund managers are people too (the NASDAQ be darned). A mystery manager here in the states has ponied up the cash to fund the cancer treatments for a British father denied care by that country's National Health System.
Jack Rosser knows he will die, but thanks to the mystery donor, he may have as much as several extra years to spend with his toddler daughter.
OK, commence weeping. I know I shed a tear or two at this story, not least because the Rosser's diagnosis with an aggressive cancer of his kidneys came just days after little Emma was born. The Rossers should have been celebrating new life; but they were staring death in the eyes.
Rosser was told he probably had two years left, unless he began treatments with Sutent, a cancer drug which costs three thousand pounds a month (currently about $4,450). The medicine would give him extra time, but it couldn't save his life. It wasn't enough of a benefit for the British National Health System. The government told Rosser the treatment was off the table. Attempts to get him into a clinical trial were out too - he was told his cancer wasn't advanced enough. He'd have to accept death . . . and leaving his wife and daughter sooner rather than later.
When his story was highlighted by a group working to fight for cancer patients denied life-lengthening care (and highlighted by Bloomberg late last month), the man identified only as a hedge fund manager from the states stepped forward. He'll pay for the fifty-seven-year-old Rosser's treatments, he said, as long as he needs them.
"It's been such a fight and all I can say is thank you. He's given my daughter the opportunity to get to know her dad," Jenny Rosser told Sky News this week.
Perhaps someone could remind the National Health System - and nasty American HMOs - that sometimes the decisions they're making aren't about that one patient, but the lives around them too. A few extra months for a little girl to get to know her father can make a world of difference in her life.
Oh, and while you're at it, could someone pass me a Kleenex?
Image: Sky News
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