PAGE 4 HEALTHWELL FOUNDATION 2017 ANNUAL REPORT From our Board Chair In many ways, 2017 was unlike any other year in HealthWell Foundation’s history. Contributions from our corporate and individual donors propelled the Foundation to new heights. We received donations in excess of $350 million. That allowed us to assist more than 88,000 underinsured Americans, a record number for HealthWell. We are truly thankful for the continued trust our donors place in HealthWell. Without their commitment to and support of our mission, none of this would have been possible. In an ideal world, nobody would have to forgo a needed medical treatment due to cost. However, medical-related financial distress continues to be a daunting problem for Americans. Many still struggle to afford prescription copays, deductibles, insurance premiums and other out-of-pocket medical costs. Charitable Patient Assistance Programs (CPAPs) like HealthWell are a crucial — and sometimes the only — resource these patients have to access the critical medical treatments they need. Although the purpose of CPAPs is inherently altruistic, we recognize that these charities continue to be subject to scrutiny from high-level media and various government agencies. There has been heightened concern about the relationship with pharmaceutical manufacturers. Yet there is clear guidance on how the relationships between CPAPs and pharma should be structured. Following that guidance is, at a minimum, what independent CPAPs should be doing. More importantly, HealthWell understands that strict compliance with this guidance is essential for us to continue to be true to our mission. Questions about our integrity can only create concerns among our donors; without our donors we are obviously unable to help those who need our assistance to access life-changing health care. Compliance, then, is not only the legally required thing to do – for us it is the right, and essential, thing to do. We are proud that, through these challenging times, we have maintained our focus on serving those in need and so have continued to operate our programs in a manner that is above reproach, just as we have done since our inception in 2003. Rigorous compliance with all of the rules that apply to CPAPs has allowed us to be able to demonstrate our integrity to the government, our donors and the public. This is what the people we serve need us to do. Donors, patients, providers and patient support communities place their trust in HealthWell because we take our responsibility seriously and strive to be the industry leader in maintaining policies and practices that meet the highest ethical and compliance standards. Our commitment will always be to maintain that trust. On behalf of our Board, thank you for helping HealthWell provide a much- needed financial lifeline to patients who require access to life-changing and often life-saving medical care. It is an honor for us to serve those in need. Warm wishes, Stephen M. Weiner Board Chair Stephen M. Weiner Board Chair