We know first hand how the help provided by this diabetes fund will positively impact the lives of those who receive assistance. Cost should not be the reason that people have poor health outcomes and PAF has made it our mission for 25 years to improve access to needed care by solving financial issues. Diabetes is a challenging condition that can quickly become devastating to a person’s overall health when left untreated.
“We’re so pleased that we can open this fund and provide relief to patients in need with the support and partnership of the ADA. Those receiving financial assistance will be able to use the funds to access care, act on their treatment plans, and reduce cost-sharing allowing them to better manage and care for their diabetes. The diabetes fund is part of PAF’s Co-Pay Relief Program which has served more than 600,000 people living with cancers and other chronic conditions since the programs’ opening in 2004. Despite the prevalence of diabetes, people with diabetes did not have consistent, meaningful access previously to this critical safety net resource. As more Americans are impacted by rising out-of-pocket insurance requirements, many find themselves skipping care and rationing medications, just so they can make ends meet–especially at the beginning of a new benefit year.įor many years, eligible patients with various medical conditions have benefitted from financial support provided by national Patient Assistance Programs to get the care they need. Half of adults who are underinsured reported problems with paying medical bills. According to the Cost of Diabetes Report, annual out-of-pocket expenses average $9,600 more for people with diabetes than those without. The cost of managing diabetes can be financially devastating. “This is a start to breaking down the foundation of systemic health inequities to promote sustainable change, the addition of the diabetes fund adds immediate support to those in financial need today.”ĭiabetes account for $1 of every $4 spent on health care in our country, and growing numbers cannot afford the medications they need to survive.
Kirksey, PharmD, RPh, CDCES, BC-ADM President, Health Care & Education.
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We are committed to improving the lives of all people affected by diabetes and determined to ensure that the 133 million living with diabetes and prediabetes have access to care no matter their race, income, zip code, age, education, or gender,” said Otis W. “The ADA has a long history of advocacy to help make care more affordable and accessible to people with diabetes. The launch of this fund, made possible by the support of the ADA, provides financial assistance to people living with diabetes who meet the eligibility requirements to pay for co-pays, deductibles and co-insurance for doctors visits, medications, and testing related to the treatment and management of diabetes, and for medical insurance premiums. Today, the American Diabetes Association ® (ADA) and the Patient Advocate Foundation (PAF) proudly announce the opening of the diabetes fund, expanding PAF’s Co-Pay Relief Program (CPR) to serve people living with diabetes.
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