In the Know: Financial Wellness Among Individuals Living with Multiple Sclerosis (MS)
In the Know is a bi-monthly feature on the LEAD Center blog that will highlight important resources and information about the employment, policy and economic advancement of people with disabilities. To find even more useful resources, visit the LEAD Center Resource Center.
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A groundbreaking survey conducted by National Disability Institute and the Multiple Sclerosis Association of America (MSAA) revealed three out of four people living with multiple sclerosis (MS) have difficulty covering their monthly expenses and more than two-thirds report their financial stability declined after diagnosis.
More than 3,000 people living with MS representing all 50 states, Washington, D.C. and Puerto Rico participated in the survey. National Disability Institute and the Multiple Sclerosis Association of America conducted the survey as part of a financial wellness education initiative supported by a grant from Acorda Therapeutics.
The survey report also shows despite high education levels – which usually correspond with higher incomes, lower unemployment and poverty rates, and limited dependence on public benefits – many people with MS struggle financially, have difficulty maintaining or securing employment after diagnosis, and lack awareness of financial information and programs to help them build brighter financial futures.