Financial Wellness & MS

Public·160 members

January 6, 2020

MS & Economic Burden

Financial Wellness: Exploring the Economic Burden of MS

Based on a study published in "The American Journal of Managed Care", the total lifetime cost per MS patient is estimated to be $4.1 million. Based on this report, the average yearly healthcare costs of an MS patient may range from $30,000 to $100,000 (based on the severity of the disease). Here are 3 tips for reducing the economic burden of MS:

1- Contact the patient assistance program of your pharmaceutical company

Don't pay more than what you should. Most pharmaceutical companies offer assistance programs for the drugs they manufacture. It's important to know if any program is available for the drug you are taking. You can find the right copay programs for your medicine here: https://www.mytraxel.com/copayprograms

2- Consult with your neurologist about your cost:

It's very important to consult with your doctor about your economic burden. Your neurologist must be aware of your ability to afford a medication before prescribing it. In addition, he/she may know and refer you to a nonprofit assistance foundation, copay program, or other patients who are receiving help and can share their experiences with you.

3- Find a nonprofit assistance organization:

There are several nonprofit assistance foundations offering programs that may be able to help MS patients pay the cost of their DMT. Keep searching for and calling the best assistance program available to you.

- Whether you are a patient, a healthcare provider, or a family member of someone with MS, your story offers great value to others. Please share your experience with the most authentic MS community founded by a group of patients, scientists, and neurologists.

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