Financial assistance available for people with diabetes through a new ADA-supported co-payment assistance fund
ARLINGTON, Va., Jan. 26, 2022
ARLINGTON, Va., January 26, 2022 /PRNewswire/ — Today, the American Diabetes Association® (ADA) and the Patient Advocate Foundation (PAF) proudly announce the opening of the Diabetes Fund, expanding PAF’s Co-Payment Assistance Program (CPR) to serve people with diabetes. The launch of this fund, made possible with support from the ADA, provides financial assistance to people living with diabetes who meet the eligibility requirements to pay co-payments, deductibles, and coinsurance for home visits. doctor, drugs and tests related to the treatment and management of diabetes, and for medical insurance premiums.
“The ADA has a long history of advocacy to help make care more affordable and accessible for people with diabetes. We are committed to improving the lives of everyone affected by diabetes and determined to ensure that 133 millions of people with diabetes and prediabetes have access to care about their race, income, zip code, age, education or gender,” said Otis W. Kirksey, PharmD, RPh, CDCES, BC-ADM President, Health Care and Education. “This is a start to break down the foundations of systemic health inequalities to promote lasting change, the addition of the Diabetes Fund adds immediate support to those in need today.”
Diabetes counts for $1 of each $4 spent on health care in our country, and a growing number of people cannot afford the medicines they need to survive. The cost of managing diabetes can be financially devastating. According to the Cost of Diabetes Report, the average annual out-of-pocket $9,600 Following for people with diabetes than for those without. Half of underinsured adults reported problems paying medical bills. As more Americans are impacted by rising insurance costs, many find themselves skipping care and rationing medications just to make ends meet, especially at the start of a new year of benefits.
For many years, eligible patients with various medical conditions have benefited from financial support provided by national patient assistance programs to get the care they need. Despite the prevalence of diabetes, people with diabetes did not previously have consistent and meaningful access to this critical safety net resource. 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 opened in 2004. Those who receive 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.
“We are thrilled to be able to open this fund and provide relief to patients in need with the support and partnership of the ADA. Diabetes is a difficult disease that can quickly become devastating to a person’s overall health when it occurs. Cost shouldn’t be the reason people have poor health outcomes and PAF has been on a 25-year mission to improve access to needed care by solving financial challenges. We know firsthand how the help provided by this Diabetes Fund will positively impact the lives of those who receive help. The demand is great. We know that nearly 13M Americans will meet our eligibility criteria,” said Francois Castellow, MSEd., President, Operations of the Patient Advocate Foundation.
As demand is expected to be extremely high, continued and expanded support is essential to sustain the fund. The ADA has dedicated a portion of its fundraising efforts to continue to support and grow the fund and is actively seeking donations. Please contact firstname.lastname@example.org for more information or to make a direct individual donation, go to diabetes.org/copaycampaign.
Patients seeking financial assistance are encouraged to contact the Co-Pay Assistance Program directly. For the fastest service, apply online using CPR’s secure online portals at copays.org, or call 866-512-3861 if personal assistance is needed.
About the American Diabetes Association
The American Diabetes Association (ADA) is the nation’s leading voluntary health organization fighting to bend the curve of the diabetes epidemic and help people with diabetes thrive. For 81 years, the ADA has driven discovery and research to treat, manage and prevent diabetes while working tirelessly for a cure. Through advocacy, program development and education, we aim to improve the quality of life for the more than 133 million Americans with diabetes or prediabetes. Diabetes brought us together. What we do next will make us connected for life. To learn more or to get involved, visit us at diabetes.org or call 1-800-DIABETES (1-800-342-2383). Join the fight with us on Facebook (American Diabetes Association), Spanish Facebook (Asociación Americana de la Diabetes), Twitter (@AmDiabetesAssn) and Instagram (@AmDiabetesAssn).
About the Patient Advocate Foundation
Established in 1996, the Patient Advocate Foundation is a national 501(c)(3) nonprofit organization that provides case management services and financial assistance to Americans with chronic, life-threatening, and debilitating illnesses. For more information about the Patient Advocate Foundation and its mission to improve access to healthcare for all patients, visit www.patientadvocate.org or call 1-800-532-5274.
Contact: daisy diaz, 703-253-4807
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SOURCE American Diabetes Association