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Multiple Sclerosis Care Exceeds $85 Billion Annually – How Economic Cost Underscores Need for Reform – GOBankingRates

Charday Penn / Getty Images …….

Charday Penn / Getty Images

In terms of sheer financial costs, not many medical conditions can top multiple sclerosis (MS). In 2019 alone, the central nervous system disease cost Americans an estimated $85.4 billion, according to a new report from the National Multiple Sclerosis Society.

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That total included more than $63 billion in direct medical costs and $22 billion in indirect non-medical costs, UPI reported. Prescription medications, at nearly $38 billion, accounted for more than half (54%) of direct medical costs related to MS. Next came clinic-administered drugs at $6.7 billion (12% of costs) and then outpatient care at $5.5 billion (9%).

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The average MS patient incurred more than $65,000 in excess medical costs compared to someone without the disease, the study found. This total includes $35,000 for medication. The annual cost for someone taking MS medications ranged from $57,000 to nearly $93,000, the UPI noted, citing research published Wednesday in the journal Neurology.

MS isn’t the most expensive disease in terms of sheer dollars. A February 2022 report on the HealthPayer Intelligence website listed several diseases that carry a higher annual cost than MS, not including general conditions related to smoking, alcohol use and obesity.

The most expensive disease is diabetes, with an estimated care cost of more than $320 billion. It was followed by arthritis ($304 billion) and Alzheimer’s disease ($244 billion). Cancer is expected to carry an annual cost of $240 billion by 2030, according to estimates from the Centers for Disease Control and National Cancer Institute.

But MS is expensive enough that some officials are calling for reforms and additional resources to help lower the cost .

“The findings of this study help underscore the burden of MS in the U.S. and our hope is our results will inform decision-making regarding MS-related health resources,” study author Bruce Bebo, executive vice president for research at the National Multiple Sclerosis Society, told UPI.

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Drugs and healthcare aren’t the only factors that contribute to the economic burden of MS. Another factor is related to employment — people who suffer from the disease might have to either limit the amount of work they do or leave the workforce altogether. Patients’ family members might also need to give up their own jobs to act as caregivers.

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Source: https://www.gobankingrates.com/saving-money/health/multiple-sclerosis-care-exceeds-85-billion-annually-how-economic-cost-underscores-need-for-reform/

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