Independent nonprofit HealthWell Foundation announces the launch of a new fund to provide assistance to patients living with amyotrophic lateral sclerosis (ALS).
The fund will provide up to $15,000 in copayment or premium assistance to eligible Medicare patients who have annual household incomes up to 500% of the federal poverty level.
“Thanks to the generosity of our donors, we are now able to offer ALS patients on Medicare a financial lifeline to assist with costs associated with the treatment and management of their disease,” saysd Krista Zodet, HealthWell Foundation president, in a media release.
“Through the fund, we hope to mitigate the constant concern about the financial burden of treatment these patients face each day. We are excited that, while we can initially assist with grants up to $15,000, individuals may apply for a second grant within 12 months depending on availability of funding.”
Barb Newhouse, President & CEO, ALS Association, adds that, “The financial impact on people living with ALS, and their families, is extreme and often results in their not benefiting from potential options. This program will provide important financial assistance to cover copayments and premiums to eligible individuals, resulting in their ability to access care they would otherwise not be able to afford.”
To apply for financial assistance via the ALS Fund, visit HealthWell Foundation.
[Source(s): HealthWell Foundation, PR Newswire]