Financial Planning Tool
Clinical Trial Cost Calculator
Estimate expenses and potential compensation for your clinical trial participation
Cost & Compensation Estimator
This tool helps estimate potential costs and reimbursements for clinical trial participation. Actual amounts vary by study.
Potential Expenses
Travel (gas, parking, transit)Varies by distance
Time off workBased on visit schedule
Child/elder careIf applicable
Lodging (if distant site)For overnight stays
Typical Compensation
Study participation payment$50-500 per visit
Travel reimbursementOften provided
Free medical careStudy-related only
Parking/meal vouchersCommonly offered
Important Note
Compensation varies significantly between trials. Phase I trials typically offer higher compensation due to greater time commitment. Always discuss financial aspects with the study coordinator before enrolling.
Tax Considerations
Clinical trial payments may be taxable. Consult a tax professional about reporting requirements.
Learn more →Insurance Coverage
Most trials cover study-related medical costs. Verify what your insurance covers.
Patient rights →Budget Planning
Factor in all costs before committing to a trial, especially long-term studies.
More resources →