September 16, 2020 – New data revealed that some three-quarters of multiple sclerosis (MS) patients experience financial hardships that impede medication adherence and follow-through with ordered tests, like medical imaging tests.
High patient financial responsibility has long been recognized as a leading factor in medication and overall treatment adherence. Previous studies have found that patients who incur high cost-sharing and out-of-pocket medical bills will forego things like prescriptions and non-emergency care to keep costs at bay.
The researchers from the Harvey L. Neiman Health Policy Institute pointed out that MS presents an important case study into this phenomenon. MS is associated with the highest patient financial responsibility, averaging at $34,167 in expenditures at the time of medical bankruptcy, they reported in Multiple Sclerosis Journal . Patients with MS usually outspend those with diabetes, experiencing injuries, having a stroke, or with mental illness.
“With increased costs of MS disease-modifying therapies (DMTs) over the last 20 years, relatively higher out-of-pocket costs for advanced imaging tests (compared to other common essential health benefits) and increased cost sharing, the financial burdens on MS patients continue to escalate,” the research team wrote.
A closer look at the number of patients facing financial hardships , referred throughout the journal […]
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