Over a recent 10-year period, rising prices for multiple sclerosis drugs caused Medicare spending for these medicines to increase more than 10 times, and Part D beneficiaries saw their out-of-pocket costs increase more than sevenfold, according to a new study.
Specifically, spending on multiple sclerosis drugs per 1,000 beneficiaries by the health program jumped from nearly $7,800 in 2006 to more than $79,400 in 2016. Meanwhile, out-of-pocket patient spending per 1,000 beneficiaries rose from $372 to nearly $2,700 for patients with multiple sclerosis during that same period of time. And the annual cost of treatment for those patients climbed from about $18,600 to almost $75,900, or 12.8% a year, according to the analysis in JAMA Neurology.
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Pharmalot Columnist, Senior Writer
Ed covers the pharmaceutical industry.