Global Healthy Living Foundation Urges Insurance Companies to Pass Savings to Patients Following Repatha (evolocumab) Price Reduction

UPPER NYACK, N.Y.–(BUSINESS WIRE)–Global Healthy Living Foundation asserts that health insurance companies are obligated to pass cost savings to patients resulting from the just-announced price reduction for Repatha (evolocumab, Amgen). Repatha is a treatmentin the PCSK9 inhibitor class for familial hypercholesterolemia (FH), an inherited disorder that can lead to aggressive and premature cardiovascular disease, and athloscerotic cardiovascular disease.

@CreakyJoints @GHLForg Urges Insurance Companies to Pass Savings to Patients Following Repatha (evolocumab) Price Reduction #drugpricing #spoonie #chronicdisease

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“The retail price of a drug is often irrelevant to the patient because they don’t pay retail. Instead, they pay a copay, a deductible, and the premium itself to their insurer,” said Louis Tharp, co-founder and executive director of the Global Healthy Living Foundation.

“So, before we applaud a retail price reduction this close to an election, we want to hear the insurance companies say they will lower patients’ actual expenses. Nothing else matters. It is reasonable to expect the Medicare Part D copay for this class of drugs to drop to $25-$50 a month with this retail price reduction – if insurers pass on the savings. If they don’t, it will remain around $300, an unconscionable amount to ask anyone to pay, let alone fixed-income seniors with a life-threatening disease.”

Media Contact: Jessica Daitch | Phone: 917-816-6712 | Email: [email protected]

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About Global Healthy Living Foundation
The Global Healthy Living Foundation is a 501(c)(3) nonprofit organization whose mission is to improve the quality of life for people with chronic illnesses (such as arthritis, osteoporosis, migraine, psoriasis, inflammatory bowel disease, and cardiovascular disease) by advocating for improved access to health care at the community, state, and federal levels, and amplifying education and awareness e!orts within its social media framework. GHLF is also a staunch advocate for vaccines. The Global Healthy Living Foundation is the parent organization of CreakyJoints®, the digital community for millions of arthritis patients and caregivers worldwide who seek education, support, activism, and patient-centered research through our ArthritisPower® (ArthritisPower.org) Research Registry. In response to the COVID-19 pandemic, GHLF started a Patient Support Program, informed by a patient council made up of people living with a wide range of chronic illnesses, that now serves more than 30,000 people. Via CreakyJoints, GHLF also hosts PainSpot (PainSpot.org), a digital risk-assessment tool for musculoskeletal conditions and injuries, and eRheum (eRheum.org), for telehealth and virtual-care support. Visit ghlf.org for more information.