Fueled by the increasing cost of new technology and prescription drugs, health care costs are rising and oncology is no exception. The American Society of Clinical Oncology has identified rising health care costs as a critical barrier to high-quality care for many cancer patients. To address this issue, ASCO’s Cost of Care Task Force is defining the challenges related to the cost of cancer care and developing strategies to address these challenges. ASCO is committed to providing practical educational tools and resources to assist both oncologists and patients in addressing and discussing the cost of treatment as a component of high-quality care. Resources developed specifically for patients are available on ASCO’s consumer website, www.Cancer.Net. ASCO is further committed to addressing the fundamental policy issues related to the rising cost of cancer care at the national level.