HealthWell Foundation
| Formation | Tax-exempt since June 2005 |
|---|---|
| Type | 501(c)(3) |
| Tax ID no. | EIN 200413676 |
| Headquarters | Germantown, Maryland |
| Revenue | 911,501,566 USD (2024) |
| Expenses | 603,213,244 USD (2024) |
| Website | Official website  |
| [1] | |
The HealthWell Foundation is an American charitable foundation which provides financial assistance to individuals in the form of co-pay and premium assistance.[2][3][4]
History
[edit]The HealthWell Foundation was founded in 2003 by Stephen M. Weiner. [5] According to the Foundation's website, it has awarded upwards of $5.2 billion in financial assistance to over 1,390,000 patients.[6] The HealthWell Foundation has a four-star rating on Charity Navigator. [7] The Foundation is funded by pharmaceutical companies and private donors. [8]
The Foundation has historically provided assistance with paying copayments and paying for medications and supplements that are not covered by insurance, and operates specific funds for diseases such as lupus, lung cancer, cystic fibrosis, and schizophrenia.[9] A subsidiary of the Foundation was selected to administer the state of New York's cystic fibrosis assistance program for adults.[10]
Accolades
[edit]In 2024, Forbes Magazine's 2024 top 100 charity list included the Foundation at number 24.[11]
References
[edit]- ↑ "HealthWell Foundation". Internal Revenue Service filings. ProPublica Nonprofit Explorer.
- ↑ "In Drug-Aid Foundations, a Web of Corporate Interests (Published 2006)". The New York Times. 8 April 2006.
- ↑ McQueen, M. P. (January 24, 2010). "Help With Medical Bills - WSJ". Wall Street Journal – via www.wsj.com.
- ↑ "With Medical Costs on the Rise, Patients Turn to Co-Pay Foundations". Philanthropy News Digest (PND).
- ↑ "Board Chair and Visionary Leader of HealthWell Foundation Steps Down after Nearly Two Decades". HealthWell Foundation. February 24, 2023.
- ↑ "HealthWell at a Glance". HealthWell Foundation.
- ↑ "HealthWell Foundation". Charity Navigator.
- ↑ Rockoff, Jonathan D. (October 11, 2010). "More Balk at Cost of Prescriptions". Wall Street Journal.
- ↑ "HealthWell Foundation Launches Fund to Assist Patients Living with Schizophrenia". Chicago Weekend. November 6, 2024.
- ↑ "New York State Department of Health Selects HealthWell Foundation Subsidiary to Administer its Adult Cystic Fibrosis Assistance Program". PR Newswire. March 4, 2024.
- ↑ ""HealthWell Foundation Ranked #24 on Forbes' 2024 List of America's Top 100 Charities". PR Newswire. December 10, 2024.
External links
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