On the good news front, HealthWell had an exceptional year. We served close to 90,000 patients — twice the number served in 2016 — and received more than $350 million in donations from individual and corporate donors. We launched or reopened more than 20 funds in 2017, including novel funds in the areas of ALS, breakthrough cancer pain, movement disorders and anorexia or wasting syndrome associated with HIV and AIDS. Unfortunately, 2017 also saw an increase in the number of underinsured Americans. The most recent figures peg the number of underinsured in this country at 41 million — double the number who were underinsured in 2003 when HealthWell was founded. We’re committed to helping the underinsured. Underinsurance can be financially toxic to individuals and families who struggle to afford deductibles, copayments and insurance premiums. At HealthWell, we hear countless stories of people who consider exhausting their savings, assume credit card debt or even declare bankruptcy to pay their medical bills. Others may put their health at risk by going without necessary tests or procedures or skipping prescribed medications. We’re dedicated to ensuring that no one should have to forgo life-changing medical treatments because he or she cannot afford them. In support of that commitment, HealthWell provided more than $353 million in grants through 45+ disease funds in 2017. In fact, during the course of the year, we launched or reopened a record number of funds. Nearly half of our funds help people with cancer, a disease that strikes more than 1.6 million Americans a year. And, through our Pediatric Assistance Fund, we continued to provide grants to help families with children who have chronic medical conditions afford much-needed treatments. We focus on the patient. The grants we provide are the most tangible evidence of HealthWell’s dedication to meeting patients’ needs. But our commitment goes beyond that. In everything we do, we put the patient first. From launching innovative funds that help people start and stay on medical treatments they desperately need, to implementing real-time grants so patients can get instant approval and start their treatments immediately, we focus on total patient care. Cutting- edge funds for patients in need, such as our Pediatric Assistance Fund and our Breakthrough Cancer Pain Fund, offer patients and their families a financial lifeline. These funds assist with services such as counseling, transportation and other expenses related to their treatments. In addition, we work closely with our patient, provider and pharmacy communities to identify funds that patients need the most. And, importantly, we honor every single grant we award. In 2017, we continued to operate under full compliance with all laws and regulations that govern charitable patient assistance programs. HealthWell remained above reproach at a time when other charitable patient assistance programs fell under heightened scrutiny by the media and government agencies. Our industry-leading ethical standards are the cornerstone of our operations, which means that donors, patients, providers and support communities can trust HealthWell. As a testimony to our standards, we were proud to receive a Platinum Seal of Transparency, the newest and highest level of recognition by GuideStar, and a four-star rating from Charity Navigator. A year of growth that touched thousands of lives. 2017 marked a year of growth in two respects — one good and another concerning. PAGE 3 HEALTHWELL FOUNDATION 2017 ANNUAL REPORT