GAITHERSBURG, Md., Nov. 1, 2012 /PRNewswire/ -- The HealthWell Foundation, an independent non-profit providing nationwide financial assistance to insured individuals with high out-of-pocket medication expenses, today announced that it has been awarded a 4-star rating from Charity Navigator, America's largest and most-utilized independent evaluator of charities. The HealthWell Foundation received four out of a possible four stars recognizing its stellar reputation for sound fiscal management and its commitment to accountability and transparency.
HealthWell President, Mary P. Sundeen, commented on the rating from Charity Navigator, "The HealthWell Foundation has repeatedly received independent third-party recognition for exceeding industry standards for charitable organizations. This demonstrates, to donors, potential donors, and patients, that we are a copayment assistance organization they can trust."
Ms. Sundeen continued, "We would like to thank our generous donors for their ongoing support which enables us to continue our very timely work of providing financial grants to patients who are struggling to afford their high-cost medications. We expect that our 4-star rating from Charity Navigator, and our recognition by Forbes for the past four consecutive years as one of America's most efficient charities, conveys to donors HealthWell's steadfast commitment to fiscal best practices and operational efficiency. Placing our focus on these core tenets allows us to maximize the funding available to patients in need."
Charity Navigator's goal is to provide donors with essential information needed to give them greater confidence in the charitable choices they make. Approximately one quarter of the charities evaluated by Charity Navigator receive their highest rating, indicating that HealthWell Foundation outperforms most other charities in America.
To learn how you can support the HealthWell Foundation's mission to ease the financial burden of medication costs for children or adults, visit the Foundation's website at www.HealthWellFoundation.org.
About the HealthWell Foundation
Since 2004, the HealthWell Foundation® has assisted more than 150,000 insured patients with chronic and life-altering illnesses in meeting their cost-sharing obligations for treatment. HealthWell is an independent 501(c)(3) non-profit organization that provides financial assistance to cover the cost of prescription drug coinsurance, copayments and deductibles, and health insurance premiums. For more information, visit http://www.HealthWellFoundation.org.
SOURCE HealthWell Foundation