Financial Assistance Available for Out-of-Pocket Costs of Parkinson's Medications

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Financial Assistance Available for Out-of-Pocket Costs of Parkinson's Medications

Posted by  Elizabeth Joyce, July 01, 2015

As a member of The Michael J. Fox Foundation community, you may be aware of our efforts to engage payers    -- insurance companies and Medicaid and Medicare -- and represent the patient voice in key conversations about the medical needs of Parkinson's patients today.

Given the United States' payer landscape, some private funders and foundations provide supplementary financial assistance to further offset costs accrued by people who may not be able to pay for medical coverage related to chronic diseases and conditions.

The Patient Access Network Foundation (PANF), for example, recently launched such a program for patients being treated for Parkinson’s disease. This fund is one of nearly 60 disease-specific funds offered by PANF, spanning programs for cancer, chronic illnesses and rare diseases.

PANF's Parkinson’s disease fund helps eligible individuals and their families by providing funds for out-of-pocket costs of critical medications. Those who qualify are eligible to receive up to $16,500 per year. To qualify, applicants must have insurance that covers the medication for which they seek assistance, reside and receive treatment in the United States, and have a household income less than or equal to 500 percent of the Federal Poverty Level. To learn more, visit www.panfoundation.org/parkinsons-disease.

The Patient Access Network Foundation is an independent, nationwide 501(c)(3) organization dedicated to providing help and hope to underinsured patients who are unable to afford the out-of-pocket expenses for their prescribed medications. Since 2004, PANF has provided nearly 500,000 underinsured patients with over $880 million dollars in much needed financial assistance to cover out-of-pocket medical expenses. For applications and eligibility questions, call 866-316-PANF (7263). 

https://www.michaeljfox.org/foundation/news-detail.php?pan-promo-blog-post-ej-draft