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Episode 3

MS By the Numbers:
The Financial Realities of MS for Employers & Employees

For several decades, the number of people living with MS was estimated to be around 400,000, but more recent estimates place that number at closer to 1 million people. What is the main reason for this dramatic change?

MS is among the most expensive chronic diseases to treat and annual costs for prescription medications alone are, on average:

Which of the following are examples of “reasonable accommodations” that can be made by an employer?

Which of the following are two reasons why employees should be encouraged to start an MS therapy immediately after diagnosis?

What should employers do to support an employee with MS?

Processing Results…

Episode 3

MS By the Numbers: The Financial Realities of MS for Employers & Employees

Host Mary Schaefer, SHRM-CP, PHR talks to medical and pharmacy management expert Dr. Gary Owens about the significant financial impact of multiple sclerosis (MS) and the detrimental impact that treatment-related costs can have on employers, payers as well as those who have been diagnosed with the disease. Topics include lost productivity in the workplace, healthcare costs associated with MS co-morbidities, and the criticality of establishing a strong sense of partnership between payer, employer and employee (with MS) to identify viable solutions as soon as possible to drive positive long-term health outcomes and minimize costs for all parties.

About our Host

Mary Schaefer, SHRM-CP, PHR Speaker, Trainer, Coach, Consultant and Advocate for a ProHuman Workplace

Mary Schaefer is a fierce advocate for developing workplaces where the human beings who happen to be employees, thrive. Her speaking, coaching, training, and writing all focus on making the most of what human beings can contribute to an organization through their distinctive energy and creativity, while at the same time meeting their own specific needs for meaningful work. As the principal of her own business, Mary is a guide to increase empowerment and cultivate productive manager/employee interactions. Drawing from her experience as an HR manager, her work centers on talent development, performance management, and a positive employee experience. She is a co-author of the book, “The Character Based Leader.” Mary has presented at the Inspiring Women in STEM Conference and is also a TEDx speaker. Her clients include small businesses, nonprofit organizations, government agencies, and Fortune 500 companies. Mary has a master’s degree in human resources management and is a certified HR professional.

About our Guest

Gary Owens, MD President, Gary Owens Associates—Medical Management and Pharmaceutical Consultant This episode's guest was paid for their participation.

Dr. Owens is widely recognized as an expert in formulary management, health economics and reimbursement issues relating specifically to MS, and has more than 25 years of health plan experience in medical and pharmacy management. He was VP of Medical Management and Policy at Independence Blue Cross from 1984 to 2006, managed medical services for large regional health plan and also managed pharmacy benefit and pharmacy operations for three million members.

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